SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Reaches New 52-Week High – Time to Buy?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV)’s share price reached a new 52-week high on Monday . The stock traded as high as $176.10 and last traded at $176.10, with a volume of 446 shares trading hands. The stock had previously closed at $175.44.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Performance

The company has a 50 day simple moving average of $170.39 and a two-hundred day simple moving average of $162.10. The firm has a market cap of $807.36 million, a PE ratio of 26.25 and a beta of 0.62.

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

A hedge fund recently raised its stake in SPDR SSGA US Large Cap Low Volatility Index ETF stock. Private Trust Co. NA increased its holdings in SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 14.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,122 shares of the company’s stock after purchasing an additional 142 shares during the quarter. Private Trust Co. NA’s holdings in SPDR SSGA US Large Cap Low Volatility Index ETF were worth $190,000 at the end of the most recent reporting 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.