SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Hits New 1-Year High – Still a Buy?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLVGet Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as $680.47 and last traded at $175.9890, with a volume of 199 shares changing hands. The stock had previously closed at $175.75.

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

The stock’s 50-day simple moving average is $175.61 and its 200 day simple moving average is $174.84. The firm has a market cap of $1.08 billion, a P/E ratio of 23.62 and a beta of 0.79.

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

A number of hedge funds have recently added to or reduced their stakes in the business. Ulland Investment Advisors LLC grew its position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 289.6% during the 2nd quarter. Ulland Investment Advisors LLC now owns 187 shares of the company’s stock worth $33,000 after buying an additional 139 shares during the period. Advantage Trust Co bought a new position in SPDR SSGA US Large Cap Low Volatility Index ETF during the second quarter worth $38,000. Grey Fox Wealth Advisors LLC acquired a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF in the third quarter worth $110,000. AdvisorNet Financial Inc increased its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 49.6% in the second quarter. AdvisorNet Financial Inc now owns 1,375 shares of the company’s stock valued at $240,000 after purchasing an additional 456 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 20.5% in the third quarter. Fisher Asset Management LLC now owns 1,479 shares of the company’s stock valued at $264,000 after acquiring an additional 252 shares during the period.

About SPDR SSGA US Large Cap Low Volatility Index ETF

(Get Free Report)

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.

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