Horizon Investments LLC Cuts Stock Position in SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV)

Horizon Investments LLC lessened its holdings in SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 2.4% during the 4th quarter, HoldingsChannel reports. The firm owned 41,404 shares of the company’s stock after selling 1,020 shares during the period. Horizon Investments LLC’s holdings in SPDR SSGA US Large Cap Low Volatility Index ETF were worth $6,840,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Jones Financial Companies Lllp raised its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 64.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,050 shares of the company’s stock valued at $174,000 after acquiring an additional 410 shares during the period. Private Trust Co. NA raised its stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 14.5% during the third quarter. Private Trust Co. NA now owns 1,122 shares of the company’s stock valued at $190,000 after acquiring an additional 142 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF by 13.6% during the 4th quarter. Farther Finance Advisors LLC now owns 20,797 shares of the company’s stock worth $3,436,000 after buying an additional 2,496 shares in the last quarter. Comprehensive Financial Planning Inc. PA bought a new stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF in the 4th quarter valued at about $41,000. Finally, Avior Wealth Management LLC purchased a new position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF in the 4th quarter valued at $67,000.

SPDR SSGA US Large Cap Low Volatility Index ETF Stock Up 1.2 %

NYSEARCA:LGLV opened at $172.61 on Tuesday. SPDR SSGA US Large Cap Low Volatility Index ETF has a 52 week low of $147.40 and a 52 week high of $178.30. The stock has a market capitalization of $901.02 million, a price-to-earnings ratio of 23.59 and a beta of 0.86. The firm has a 50 day moving average of $170.29 and a 200 day moving average of $170.10.

SPDR SSGA US Large Cap Low Volatility Index ETF 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.