SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Trading 0.1% Higher – Still a Buy?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV)’s share price shot up 0.1% on Thursday . The stock traded as high as $167.55 and last traded at $167.45. Approximately 7,743 shares were traded during trading, a decline of 70% from the average session volume of 25,648 shares. The stock had previously closed at $167.25.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Down 0.5 %

The firm has a market cap of $762.89 million, a price-to-earnings ratio of 26.25 and a beta of 0.62. The company has a 50 day moving average of $171.57 and a 200 day moving average of $165.16.

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

A hedge fund recently raised its stake in SPDR SSGA US Large Cap Low Volatility Index ETF stock. Private Trust Co. NA lifted its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 14.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,122 shares of the company’s stock after purchasing an additional 142 shares during the period. Private Trust Co. NA’s holdings in SPDR SSGA US Large Cap Low Volatility Index ETF were worth $190,000 at the end of the most recent reporting period.

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.