SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 35,070 shares, a growth of 130.9% from the June 15th total of 15,187 shares. Based on an average daily volume of 21,314 shares, the short-interest ratio is currently 1.6 days. Approximately 0.6% of the company’s stock are sold short.
SPDR SSGA US Large Cap Low Volatility Index ETF Stock Down 0.5%
Shares of NYSEARCA:LGLV traded down $0.88 on Wednesday, hitting $182.82. 20,681 shares of the company traded hands, compared to its average volume of 31,191. The stock has a 50 day simple moving average of $180.05 and a 200-day simple moving average of $181.05. The company has a market cap of $1.16 billion, a PE ratio of 23.62 and a beta of 0.67. SPDR SSGA US Large Cap Low Volatility Index ETF has a 52 week low of $170.05 and a 52 week high of $189.91.
Institutional Trading of SPDR SSGA US Large Cap Low Volatility Index ETF
A number of institutional investors and hedge funds have recently bought and sold shares of LGLV. Horizon Investments LLC grew its holdings in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 5.0% during the fourth quarter. Horizon Investments LLC now owns 79,572 shares of the company’s stock valued at $13,970,000 after buying an additional 3,822 shares during the last quarter. Ethos Financial Group LLC raised its holdings in SPDR SSGA US Large Cap Low Volatility Index ETF by 45.6% in the 4th quarter. Ethos Financial Group LLC now owns 54,586 shares of the company’s stock worth $9,584,000 after acquiring an additional 17,084 shares during the last quarter. AdvisorNet Financial Inc lifted its position in SPDR SSGA US Large Cap Low Volatility Index ETF by 15.9% in the 1st quarter. AdvisorNet Financial Inc now owns 1,460 shares of the company’s stock valued at $260,000 after acquiring an additional 200 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in SPDR SSGA US Large Cap Low Volatility Index ETF by 468.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 27,248 shares of the company’s stock valued at $4,623,000 after acquiring an additional 22,454 shares in the last quarter.
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.
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