SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Unusually-High Trading Volume – Time to Buy?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) shares saw an uptick in trading volume on Friday . 52,728 shares changed hands during trading, an increase of 41% from the previous session’s volume of 37,523 shares.The stock last traded at $181.5710 and had previously closed at $181.88.

SPDR SSGA US Large Cap Low Volatility Index ETF Trading Down 0.2%

The business has a fifty day moving average price of $177.02 and a two-hundred day moving average price of $176.15. The firm has a market capitalization of $1.13 billion, a PE ratio of 23.62 and a beta of 0.79.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in LGLV. Jones Financial Companies Lllp increased its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 2.6% in the third quarter. Jones Financial Companies Lllp now owns 2,471 shares of the company’s stock valued at $437,000 after purchasing an additional 62 shares during the last quarter. Ulland Investment Advisors LLC boosted its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 289.6% during the 2nd quarter. Ulland Investment Advisors LLC now owns 187 shares of the company’s stock worth $33,000 after purchasing an additional 139 shares during the period. Advantage Trust Co purchased a new position in SPDR SSGA US Large Cap Low Volatility Index ETF during the 2nd quarter worth $38,000. Fisher Asset Management LLC increased its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 20.5% in the third 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. Finally, AdvisorNet Financial Inc increased its stake in SPDR SSGA US Large Cap Low Volatility Index ETF by 49.6% in the second quarter. AdvisorNet Financial Inc now owns 1,375 shares of the company’s stock valued at $240,000 after purchasing an additional 456 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.