Lido Advisors LLC Increases Position in SPDR Portfolio S&P 400 Mid Cap ETF $SPMD

Lido Advisors LLC increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD) by 6.7% during the 1st quarter, HoldingsChannel reports. The fund owned 255,766 shares of the company’s stock after acquiring an additional 16,104 shares during the quarter. Lido Advisors LLC’s holdings in SPDR Portfolio S&P 400 Mid Cap ETF were worth $15,146,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPMD. Cetera Investment Advisers increased its holdings in SPDR Portfolio S&P 400 Mid Cap ETF by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 274,600 shares of the company’s stock worth $16,262,000 after purchasing an additional 7,845 shares during the last quarter. Signature Equity Partners LLC purchased a new position in shares of SPDR Portfolio S&P 400 Mid Cap ETF during the 1st quarter valued at approximately $42,000. Alesco Advisors LLC An ESL Co boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 14.9% during the 1st quarter. Alesco Advisors LLC An ESL Co now owns 48,207 shares of the company’s stock valued at $2,855,000 after buying an additional 6,265 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its stake in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 6.3% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 6,124 shares of the company’s stock valued at $363,000 after buying an additional 362 shares during the last quarter. Finally, Balefire LLC grew its position in shares of SPDR Portfolio S&P 400 Mid Cap ETF by 8.7% during the first quarter. Balefire LLC now owns 16,323 shares of the company’s stock worth $967,000 after buying an additional 1,300 shares in the last quarter. Hedge funds and other institutional investors own 61.70% of the company’s stock.

SPDR Portfolio S&P 400 Mid Cap ETF Trading Down 0.3%

Shares of NYSEARCA:SPMD opened at $66.11 on Friday. The company has a fifty day simple moving average of $65.81 and a 200 day simple moving average of $63.08. The firm has a market cap of $18.25 billion, a PE ratio of 4.64 and a beta of 1.00. SPDR Portfolio S&P 400 Mid Cap ETF has a 12-month low of $53.73 and a 12-month high of $67.68.

SPDR Portfolio S&P 400 Mid Cap ETF Profile

The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund tracks a market cap-weighted index of mid-cap US companies selected by the S&P Committee. SPMD was launched on Nov 8, 2005 and is managed by State Street.