JPMorgan Chase & Co. increased its stake in SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV – Free Report) by 148.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 175,531 shares of the company’s stock after purchasing an additional 104,963 shares during the quarter. JPMorgan Chase & Co.’s holdings in SPDR SSGA US Large Cap Low Volatility Index ETF were worth $30,649,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of LGLV. Ethos Financial Group LLC purchased a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF in the first quarter worth about $3,414,000. OLD Mission Capital LLC purchased a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF in the 1st quarter worth approximately $308,000. AdvisorNet Financial Inc raised its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 49.6% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,375 shares of the company’s stock worth $240,000 after acquiring an additional 456 shares during the period. Horizon Investments LLC lifted its holdings in SPDR SSGA US Large Cap Low Volatility Index ETF by 1.0% during the first quarter. Horizon Investments LLC now owns 41,837 shares of the company’s stock valued at $7,281,000 after purchasing an additional 433 shares in the last quarter. Finally, Advantage Trust Co purchased a new position in SPDR SSGA US Large Cap Low Volatility Index ETF during the second quarter valued at approximately $38,000.
SPDR SSGA US Large Cap Low Volatility Index ETF Price Performance
LGLV opened at $175.43 on Wednesday. The company has a 50 day simple moving average of $175.18 and a two-hundred day simple moving average of $175.16. The firm has a market cap of $1.09 billion, a P/E ratio of 23.62 and a beta of 0.79. SPDR SSGA US Large Cap Low Volatility Index ETF has a 1-year low of $155.93 and a 1-year high of $179.41.
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.
Recommended Stories
- Five stocks we like better than SPDR SSGA US Large Cap Low Volatility Index ETF
- The Most Important Warren Buffett Stock for Investors: His Own
- Wall Street’s Sleeping Giant: Is Amazon About to Wake Up?
- About the Markup Calculator
- Checkmate in the Cloud: ServiceNow’s Shopping Spree
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- The Contrarian Case for MSTR Amid MSCI Delisting Debacle
Want to see what other hedge funds are holding LGLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV – Free Report).
Receive News & Ratings for SPDR SSGA US Large Cap Low Volatility Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR SSGA US Large Cap Low Volatility Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
