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

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) shares saw an uptick in trading volume on Monday . 121,525 shares traded hands during mid-day trading, an increase of 380% from the previous session’s volume of 25,311 shares.The stock last traded at $163.18 and had previously closed at $162.62.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Up 0.3 %

The company’s fifty day simple moving average is $156.03 and its two-hundred day simple moving average is $153.28. The company has a market capitalization of $746.81 million, a price-to-earnings ratio of 26.25 and a beta of 0.62.

Institutional Investors Weigh In On SPDR SSGA US Large Cap Low Volatility Index ETF

Several hedge funds and other institutional investors have recently made changes to their positions in LGLV. Able Wealth Management LLC acquired a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF in the 4th quarter worth approximately $39,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF in the 4th quarter worth approximately $1,862,000. Finally, Roffman Miller Associates Inc. PA lifted its position 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 worth $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.