SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Large Volume Increase – Here’s Why

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) saw strong trading volume on Friday . 39,652 shares changed hands during mid-day trading, an increase of 17% from the previous session’s volume of 33,994 shares.The stock last traded at $176.6250 and had previously closed at $176.75.

SPDR SSGA US Large Cap Low Volatility Index ETF Trading Up 0.3%

The company has a market capitalization of $1.09 billion, a PE ratio of 23.62 and a beta of 0.79. The business has a fifty day moving average of $174.98 and a 200 day moving average of $175.34.

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

Hedge funds have recently added to or reduced their stakes in the business. Horizon Investments LLC boosted its position in SPDR SSGA US Large Cap Low Volatility Index ETF by 2.4% in the 3rd quarter. Horizon Investments LLC now owns 75,750 shares of the company’s stock valued at $13,496,000 after buying an additional 1,789 shares during the period. Fisher Asset Management LLC raised its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 20.5% in the third quarter. Fisher Asset Management LLC now owns 1,479 shares of the company’s stock valued at $264,000 after acquiring an additional 252 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in SPDR SSGA US Large Cap Low Volatility Index ETF by 2.6% in the third quarter. Jones Financial Companies Lllp now owns 2,471 shares of the company’s stock valued at $437,000 after purchasing an additional 62 shares during the period. Grey Fox Wealth Advisors LLC acquired a new position in SPDR SSGA US Large Cap Low Volatility Index ETF during the 3rd quarter worth $110,000. Finally, Ethos Financial Group LLC grew its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 1.3% during the 3rd quarter. Ethos Financial Group LLC now owns 37,502 shares of the company’s stock worth $6,681,000 after purchasing an additional 465 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.