SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Stock Price Up 0.5% – Should You Buy?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLVGet Free Report) shares rose 0.5% on Friday . The company traded as high as $176.11 and last traded at $175.94. Approximately 16,599 shares changed hands during trading, a decline of 53% from the average daily volume of 35,356 shares. The stock had previously closed at $175.01.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Up 0.5%

The company has a market cap of $1.09 billion, a price-to-earnings ratio of 23.39 and a beta of 0.83. The stock has a fifty day moving average price of $173.15 and a two-hundred day moving average price of $170.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LGLV. NBC Securities Inc. acquired a new position in SPDR SSGA US Large Cap Low Volatility Index ETF during the first quarter worth about $71,000. Jones Financial Companies Lllp raised its stake in 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 acquiring an additional 410 shares in the last quarter. Hughes Financial Services LLC acquired a new position in SPDR SSGA US Large Cap Low Volatility Index ETF during the first quarter worth about $201,000. OLD Mission Capital LLC acquired a new position in SPDR SSGA US Large Cap Low Volatility Index ETF during the first quarter worth about $308,000. Finally, JPMorgan Chase & Co. raised its stake in 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 worth $719,000 after acquiring an additional 1,119 shares in the last quarter.

SPDR SSGA US Large Cap Low Volatility Index ETF Company Profile

(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.

Read More

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.