SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Strong Trading Volume

Shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) saw an uptick in trading volume on Wednesday . 13,828 shares traded hands during trading, a decline of 48% from the previous session’s volume of 26,499 shares.The stock last traded at $168.06 and had previously closed at $167.16.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Performance

The company’s 50 day moving average price is $159.51 and its 200 day moving average price is $154.92. The company has a market cap of $761.84 million, a price-to-earnings ratio of 26.25 and a beta of 0.62.

Hedge Funds Weigh In On SPDR SSGA US Large Cap Low Volatility Index ETF

A hedge fund recently bought a new stake in SPDR SSGA US Large Cap Low Volatility Index ETF stock. Vermillion & White Wealth Management Group LLC acquired a new position in SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,842 shares of the company’s stock, valued at approximately $1,862,000. SPDR SSGA US Large Cap Low Volatility Index ETF makes up about 1.8% of Vermillion & White Wealth Management Group LLC’s investment portfolio, making the stock its 14th biggest position. Vermillion & White Wealth Management Group LLC owned about 0.22% of SPDR SSGA US Large Cap Low Volatility Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.