SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sets New 12-Month High – Here’s What Happened

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) reached a new 52-week high on Wednesday. The stock traded as high as $192.85 and last traded at $192.49, with a volume of 42,738 shares trading hands. The stock had previously closed at $189.68.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Up 1.9%

The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 23.93 and a beta of 0.64. The business has a 50-day moving average of $182.18 and a two-hundred day moving average of $182.49.

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

A number of hedge funds have recently modified their holdings of LGLV. Olistico Wealth LLC raised its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 229.8% in the third quarter. Olistico Wealth LLC now owns 155 shares of the company’s stock valued at $27,000 after purchasing an additional 108 shares in the last quarter. Blue Bell Private Wealth Management LLC acquired a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF during the third quarter worth $28,000. Compass Financial Management LLC acquired a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF during the second quarter worth $219,000. Finally, Ethos Financial Group LLC boosted its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 10.0% during the first quarter. Ethos Financial Group LLC now owns 60,029 shares of the company’s stock worth $10,575,000 after buying an additional 5,443 shares in the last quarter.

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.