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

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) shares hit 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. The stock had previously closed at $175.44.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Up 0.5 %

The stock’s fifty day simple moving average is $170.68 and its 200-day simple moving average is $162.42. The company has a market capitalization of $814.97 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. Private Trust Co. NA lifted its position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 14.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,122 shares of the company’s stock after buying an additional 142 shares during the period. Private Trust Co. NA’s holdings in SPDR SSGA US Large Cap Low Volatility Index ETF were worth $190,000 as of its most recent SEC filing.

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.