SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Strong Trading Volume – What’s Next?

Shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) saw unusually-strong trading volume on Friday . Approximately 39,652 shares changed hands during mid-day trading, an increase of 17% from the previous session’s volume of 33,994 shares.The stock last traded at $176.6250 and had previously closed at $176.75.

SPDR SSGA US Large Cap Low Volatility Index ETF Price Performance

The company’s 50-day moving average price is $175.02 and its 200-day moving average price is $175.35. The company has a market cap of $1.09 billion, a P/E ratio of 23.62 and a beta of 0.79.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Ulland Investment Advisors LLC grew its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 289.6% in the second quarter. Ulland Investment Advisors LLC now owns 187 shares of the company’s stock valued at $33,000 after buying an additional 139 shares in the last quarter. Advantage Trust Co acquired a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF in the second quarter valued at $38,000. Grey Fox Wealth Advisors LLC bought a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF in the 3rd quarter valued at about $110,000. AdvisorNet Financial Inc increased its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 49.6% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,375 shares of the company’s stock worth $240,000 after purchasing an additional 456 shares during the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 20.5% in the 3rd quarter. Fisher Asset Management LLC now owns 1,479 shares of the company’s stock valued at $264,000 after purchasing an additional 252 shares during the period.

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.