Lido Advisors shifts stakes across five ETFs

Lido Advisors made varied changes to its ETF holdings in the third quarter, sharply reducing its position in the Fidelity MSCI Utilities Index ETF by 89.2% while increasing stakes in the iShares Russell Mid-Cap Growth ETF and iShares S&P 500 Growth ETF by 5.7% and 5.4%, respectively. It also established new positions in the Invesco BulletShares 2029 Corporate Bond ETF and the iShares Russell 3000 ETF, valued at about $102 million and $115 million, respectively. Together, the filings show a mix of sales, additions and new investments across utility, growth, broad-market and corporate-bond funds.