SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Stock Short Interest Report for October

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 24,861 shares, an increase of 83.7% from the September 30th total of 13,532 shares. Based on an average daily volume of 42,026 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are sold short.

SPDR SSGA US Large Cap Low Volatility Index ETF Price Performance

SPDR SSGA US Large Cap Low Volatility Index ETF stock traded up $2.36 during midday trading on Monday, reaching $190.59. The company had a trading volume of 22,884 shares, compared to its average volume of 29,861. SPDR SSGA US Large Cap Low Volatility Index ETF has a 12-month low of $170.05 and a 12-month high of $192.29. The firm’s fifty day simple moving average is $182.15 and its 200-day simple moving average is $182.39. The company has a market capitalization of $1.21 billion, a P/E ratio of 23.62 and a beta of 0.66.

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

A number of hedge funds have recently modified their holdings of LGLV. Ethos Financial Group LLC raised its position in SPDR SSGA US Large Cap Low Volatility Index ETF by 10.0% in the first 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. Blue Bell Private Wealth Management LLC purchased a new stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF in the 3rd quarter valued at approximately $28,000. Olistico Wealth LLC lifted its holdings in SPDR SSGA US Large Cap Low Volatility Index ETF by 229.8% during the 3rd quarter. Olistico Wealth LLC now owns 155 shares of the company’s stock worth $27,000 after buying an additional 108 shares during the last quarter. Finally, Compass Financial Management LLC purchased a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF during the second quarter worth approximately $219,000.

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.