SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Strong Trading Volume

Shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) saw an uptick in trading volume on Thursday . 74,049 shares were traded during mid-day trading, an increase of 209% from the previous session’s volume of 23,930 shares.The stock last traded at $152.81 and had previously closed at $152.43.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Down 0.2 %

The company has a market capitalization of $699.73 million, a price-to-earnings ratio of 26.25 and a beta of 0.62. The company’s fifty day simple moving average is $152.70 and its two-hundred day simple moving average is $150.22.

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

Several hedge funds have recently added to or reduced their stakes in LGLV. Able Wealth Management LLC acquired a new stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF during the fourth quarter worth $39,000. Vermillion & White Wealth Management Group LLC bought a new position in SPDR SSGA US Large Cap Low Volatility Index ETF during the 4th quarter worth about $1,862,000. Finally, Roffman Miller Associates Inc. PA raised its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 0.5% in the 4th quarter. Roffman Miller Associates Inc. PA now owns 14,674 shares of the company’s stock valued at $2,128,000 after purchasing an additional 80 shares during the 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.