SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Strong Trading Volume – What’s Next?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) saw unusually-high trading volume on Friday . Approximately 69,382 shares traded hands during mid-day trading, an increase of 178% from the previous session’s volume of 24,946 shares.The stock last traded at $177.59 and had previously closed at $177.66.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Down 0.0 %

The company’s fifty day moving average is $171.06 and its 200 day moving average is $162.63. The stock has a market cap of $813.36 million, a PE ratio of 26.25 and a beta of 0.62.

Institutional Trading of SPDR SSGA US Large Cap Low Volatility Index ETF

An institutional investor recently raised its position in SPDR SSGA US Large Cap Low Volatility Index ETF stock. Farther Finance Advisors LLC grew its holdings in shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 7,048.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 18,301 shares of the company’s stock after acquiring an additional 18,045 shares during the quarter. Farther Finance Advisors LLC owned about 0.40% of SPDR SSGA US Large Cap Low Volatility Index ETF worth $3,097,000 as of its most recent SEC filing.

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.