Lido Advisors LLC acquired a new position in SPDR Portfolio S&P 400 Mid Cap ETF (NYSEARCA:SPMD – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 258,953 shares of the company’s stock, valued at approximately $16,324,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in SPMD. Mather Group LLC. bought a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at approximately $27,000. Ascentis Independent Advisors purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the first quarter valued at approximately $29,000. Independence Bank of Kentucky purchased a new stake in SPDR Portfolio S&P 400 Mid Cap ETF during the third quarter valued at approximately $32,000. Curry Webb Wealth Management LLC bought a new position in SPDR Portfolio S&P 400 Mid Cap ETF in the third quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC raised its position in SPDR Portfolio S&P 400 Mid Cap ETF by 62.5% in the first quarter. EverSource Wealth Advisors LLC now owns 593 shares of the company’s stock worth $35,000 after acquiring an additional 228 shares during the period. Hedge funds and other institutional investors own 61.70% of the company’s stock.
SPDR Portfolio S&P 400 Mid Cap ETF Trading Up 0.8%
SPMD opened at $65.47 on Thursday. The firm’s 50 day simple moving average is $64.34 and its two-hundred day simple moving average is $64.11. The company has a market capitalization of $19.08 billion, a PE ratio of 4.60 and a beta of 1.01. SPDR Portfolio S&P 400 Mid Cap ETF has a 1-year low of $54.53 and a 1-year high of $68.97.
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.
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