SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Large Volume Increase – Here’s Why

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) saw unusually-high trading volume on Monday . Approximately 97,521 shares changed hands during trading, an increase of 280% from the previous session’s volume of 25,651 shares.The stock last traded at $165.41 and had previously closed at $166.57.

SPDR SSGA US Large Cap Low Volatility Index ETF Trading Down 0.8 %

The company has a market cap of $756.98 million, a price-to-earnings ratio of 26.25 and a beta of 0.62. The company’s 50 day moving average price is $171.57 and its 200 day moving average price is $165.33.

Hedge Funds Weigh In On SPDR SSGA US Large Cap Low Volatility Index ETF

An institutional investor recently raised its position in SPDR SSGA US Large Cap Low Volatility Index ETF stock. Private Trust Co. NA increased its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 14.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,122 shares of the company’s stock after buying an additional 142 shares during the period. Private Trust Co. NA’s holdings in SPDR SSGA US Large Cap Low Volatility Index ETF were worth $190,000 as of its most recent filing with the Securities and Exchange Commission.

SPDR SSGA US Large Cap Low Volatility Index ETF Company Profile

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.