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 strong trading volume on Tuesday . 43,550 shares were traded during mid-day trading, an increase of 99% from the previous session’s volume of 21,925 shares.The stock last traded at $170.28 and had previously closed at $168.48.

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

The company has a market cap of $775.35 million, a PE ratio of 26.25 and a beta of 0.62. The business’s 50-day simple moving average is $169.76 and its 200-day simple moving average is $166.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of LGLV. Farther Finance Advisors LLC raised its holdings in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 7,048.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 18,301 shares of the company’s stock valued at $3,097,000 after purchasing an additional 18,045 shares in the last quarter. Avior Wealth Management LLC bought a new position in SPDR SSGA US Large Cap Low Volatility Index ETF in the 4th quarter worth $67,000. Finally, Private Trust Co. NA raised its holdings in SPDR SSGA US Large Cap Low Volatility Index ETF by 14.5% in the 3rd quarter. Private Trust Co. NA now owns 1,122 shares of the company’s stock worth $190,000 after acquiring an additional 142 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.