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

Shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) reached a new 52-week high on Friday . The stock traded as high as $173.66 and last traded at $173.66, with a volume of 1597 shares. The stock had previously closed at $172.05.

SPDR SSGA US Large Cap Low Volatility Index ETF Trading Up 1.0 %

The firm has a fifty day moving average of $169.13 and a two-hundred day moving average of $160.39. The company has a market cap of $796.14 million, a PE ratio of 26.25 and a beta of 0.62.

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

An institutional investor recently raised its position in SPDR SSGA US Large Cap Low Volatility Index ETF stock. Farther Finance Advisors LLC increased its holdings in SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 7,048.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,301 shares of the company’s stock after buying an additional 18,045 shares during the period. Farther Finance Advisors LLC owned 0.40% of SPDR SSGA US Large Cap Low Volatility Index ETF worth $3,097,000 as of its most recent SEC filing.

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.