SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sets New 12-Month High – Here’s What Happened

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV)’s share price hit a new 52-week high on Wednesday. The stock traded as high as $192.85 and last traded at $192.49, with a volume of 42,738 shares trading hands. The stock had previously closed at $189.68.

SPDR SSGA US Large Cap Low Volatility Index ETF Price Performance

The firm has a market cap of $1.23 billion, a P/E ratio of 23.93 and a beta of 0.64. The stock’s 50 day moving average is $182.18 and its two-hundred day moving average is $182.49.

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

A number of institutional investors have recently added to or reduced their stakes in LGLV. Ethos Financial Group LLC grew its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 10.0% in the 1st quarter. Ethos Financial Group LLC now owns 60,029 shares of the company’s stock valued at $10,575,000 after purchasing an additional 5,443 shares during the period. Compass Financial Management LLC bought a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF during the 2nd quarter worth approximately $219,000. Blue Bell Private Wealth Management LLC bought a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF during the 3rd quarter worth approximately $28,000. Finally, Olistico Wealth LLC boosted its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 229.8% in the 3rd quarter. Olistico Wealth LLC now owns 155 shares of the company’s stock valued at $27,000 after buying an additional 108 shares in the last quarter.

About SPDR SSGA US Large Cap Low Volatility Index ETF

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.