SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Strong Trading Volume – Time to Buy?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) shares saw unusually-high trading volume on Tuesday . Approximately 23,453 shares changed hands during trading, an increase of 0% from the previous session’s volume of 23,410 shares.The stock last traded at $171.51 and had previously closed at $174.15.

SPDR SSGA US Large Cap Low Volatility Index ETF Trading Down 1.4 %

The stock’s 50-day moving average is $169.76 and its 200-day moving average is $169.94. The stock has a market cap of $891.37 million, a P/E ratio of 23.59 and a beta of 0.86.

Institutional Trading of SPDR SSGA US Large Cap Low Volatility Index ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA bought a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF in the fourth quarter valued at $41,000. Avior Wealth Management LLC acquired a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF in the 4th quarter worth $67,000. Jones Financial Companies Lllp raised its position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 64.1% during the fourth quarter. Jones Financial Companies Lllp now owns 1,050 shares of the company’s stock worth $174,000 after purchasing an additional 410 shares during the period. Private Trust Co. NA lifted its holdings in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 14.5% during the third quarter. Private Trust Co. NA now owns 1,122 shares of the company’s stock valued at $190,000 after purchasing an additional 142 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 34.6% during the fourth quarter. JPMorgan Chase & Co. now owns 4,355 shares of the company’s stock valued at $719,000 after purchasing an additional 1,119 shares during the last 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.