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) saw unusually-high trading volume on Monday . Approximately 28,574 shares changed hands during trading, an increase of 19% from the previous session’s volume of 23,994 shares.The stock last traded at $171.79 and had previously closed at $172.10.

SPDR SSGA US Large Cap Low Volatility Index ETF Price Performance

The firm has a fifty day moving average of $171.22 and a two-hundred day moving average of $170.31. The stock has a market capitalization of $932.06 million, a P/E ratio of 23.29 and a beta of 0.86.

SPDR SSGA US Large Cap Low Volatility Index ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be issued a $0.776 dividend. The ex-dividend date is Monday, March 24th.

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

Institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its position in SPDR SSGA US Large Cap Low Volatility Index ETF by 13.6% during the fourth quarter. Farther Finance Advisors LLC now owns 20,797 shares of the company’s stock valued at $3,436,000 after purchasing an additional 2,496 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 34.6% during the fourth quarter. JPMorgan Chase & Co. now owns 4,355 shares of the company’s stock valued at $719,000 after buying an additional 1,119 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 14.5% in the 3rd quarter. Private Trust Co. NA now owns 1,122 shares of the company’s stock valued at $190,000 after buying an additional 142 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 64.1% in the 4th quarter. Jones Financial Companies Lllp now owns 1,050 shares of the company’s stock worth $174,000 after buying an additional 410 shares during the last quarter. Finally, Avior Wealth Management LLC bought a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF during the 4th quarter worth approximately $67,000.

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.