SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Unusually-High Trading Volume – Still a Buy?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLVGet Free Report) saw strong trading volume on Monday . 326,199 shares traded hands during mid-day trading, an increase of 1,175% from the previous session’s volume of 25,576 shares.The stock last traded at $170.58 and had previously closed at $170.22.

SPDR SSGA US Large Cap Low Volatility Index ETF Price Performance

The company has a market cap of $786.75 million, a PE ratio of 26.25 and a beta of 0.62. The firm has a 50-day simple moving average of $169.13 and a two-hundred day simple moving average of $167.88.

Institutional Investors Weigh In On SPDR SSGA US Large Cap Low Volatility Index ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA bought a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF during the fourth quarter valued at approximately $41,000. Avior Wealth Management LLC acquired a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF during the 4th quarter valued at $67,000. Private Trust Co. NA grew its holdings in SPDR SSGA US Large Cap Low Volatility Index ETF by 14.5% during the third quarter. Private Trust Co. NA now owns 1,122 shares of the company’s stock worth $190,000 after acquiring an additional 142 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 7,048.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 18,301 shares of the company’s stock worth $3,097,000 after purchasing an additional 18,045 shares during the last quarter.

SPDR SSGA US Large Cap Low Volatility Index ETF Company Profile

(Get Free Report)

The SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) is an exchange-traded fund that is based on the SSGA US Large Cap Low Volatility index. The fund tracks an index of the least volatile large-cap US stocks. LGLV was launched on Feb 20, 2013 and is managed by State Street.

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