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

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) reached a new 52-week high during trading on Thursday . The company traded as high as $680.47 and last traded at $175.9890, with a volume of 199 shares. The stock had previously closed at $175.75.

SPDR SSGA US Large Cap Low Volatility Index ETF Price Performance

The company’s fifty day simple moving average is $175.71 and its 200 day simple moving average is $174.80. The firm has a market capitalization of $1.09 billion, a PE ratio of 23.62 and a beta of 0.79.

Institutional Investors Weigh In On SPDR SSGA US Large Cap Low Volatility Index ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Mallini Complete Financial Planning LLC grew its position in SPDR SSGA US Large Cap Low Volatility Index ETF by 2.4% during the 2nd quarter. Mallini Complete Financial Planning LLC now owns 2,461 shares of the company’s stock worth $430,000 after purchasing an additional 58 shares during the last quarter. Jones Financial Companies Lllp boosted its position in SPDR SSGA US Large Cap Low Volatility Index ETF by 2.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,471 shares of the company’s stock valued at $437,000 after buying an additional 62 shares during the last quarter. Ulland Investment Advisors LLC increased its holdings in 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 during the last quarter. Advantage Trust Co bought a new position in SPDR SSGA US Large Cap Low Volatility Index ETF during the 2nd quarter worth $38,000. Finally, Fisher Asset Management LLC lifted 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 buying an additional 252 shares during the last quarter.

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.