SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Reaches New 12-Month High – Still a Buy?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLVGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $190.31 and last traded at $190.31, with a volume of 390 shares traded. The stock had previously closed at $187.89.

SPDR SSGA US Large Cap Low Volatility Index ETF Price Performance

The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 23.62 and a beta of 0.67. The stock’s fifty day simple moving average is $181.36 and its two-hundred day simple moving average is $181.58.

Hedge Funds Weigh In On SPDR SSGA US Large Cap Low Volatility Index ETF

A number of large investors have recently bought and sold shares of LGLV. Ameriprise Financial Inc. grew its holdings in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 468.4% during the second quarter. Ameriprise Financial Inc. now owns 27,248 shares of the company’s stock valued at $4,623,000 after purchasing an additional 22,454 shares during the last quarter. Ethos Financial Group LLC boosted its position in SPDR SSGA US Large Cap Low Volatility Index ETF by 45.6% during the 4th quarter. Ethos Financial Group LLC now owns 54,586 shares of the company’s stock valued at $9,584,000 after purchasing an additional 17,084 shares during the period. Horizon Investments LLC grew its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 5.0% during the 4th quarter. Horizon Investments LLC now owns 79,572 shares of the company’s stock worth $13,970,000 after buying an additional 3,822 shares during the last quarter. Finally, AdvisorNet Financial Inc grew its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 15.9% during the 1st quarter. AdvisorNet Financial Inc now owns 1,460 shares of the company’s stock worth $260,000 after buying an additional 200 shares during the last quarter.

About SPDR SSGA US Large Cap Low Volatility Index ETF

(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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