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

Shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) were up 0.1% during mid-day trading 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 daily volume of 25,648 shares. The stock had previously closed at $167.25.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Up 0.1 %

The stock has a market capitalization of $766.92 million, a price-to-earnings ratio of 26.25 and a beta of 0.62. The stock’s 50-day simple moving average is $171.70 and its 200 day simple moving average is $165.06.

Hedge Funds Weigh In On 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. Private Trust Co. NA increased its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 14.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,122 shares of the company’s stock after buying 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 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.