Farther Finance Advisors LLC Lowers Position in SPDR SSGA US Large Cap Low Volatility Index ETF $LGLV

Farther Finance Advisors LLC lowered its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 52.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,171 shares of the company’s stock after selling 3,513 shares during the period. Farther Finance Advisors LLC owned about 0.05% of SPDR SSGA US Large Cap Low Volatility Index ETF worth $554,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. NBC Securities Inc. purchased a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF during the first quarter worth about $71,000. Horizon Investments LLC boosted 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 worth $7,281,000 after buying an additional 433 shares in the last quarter. Hughes Financial Services LLC purchased a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF during the first quarter worth about $201,000. OLD Mission Capital LLC purchased a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF during the first quarter worth about $308,000. Finally, Ethos Financial Group LLC purchased a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF during the first quarter worth about $3,414,000.

SPDR SSGA US Large Cap Low Volatility Index ETF Trading Up 1.0%

LGLV stock opened at $176.73 on Friday. The company has a market cap of $1.08 billion, a P/E ratio of 23.62 and a beta of 0.83. SPDR SSGA US Large Cap Low Volatility Index ETF has a 52 week low of $155.93 and a 52 week high of $179.41. The company’s 50-day moving average price is $176.27 and its 200 day moving average price is $173.23.

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.