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

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) reached a new 52-week high on Monday . The company 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 Price Performance

The business has a fifty day simple moving average of $170.39 and a 200 day simple moving average of $162.10. The firm has a market cap of $807.36 million, a price-to-earnings ratio of 26.25 and a beta of 0.62.

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

A hedge fund recently raised its stake in SPDR SSGA US Large Cap Low Volatility Index ETF stock. Private Trust Co. NA raised its position in shares of SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) by 14.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,122 shares of the company’s stock after acquiring an additional 142 shares during the quarter. 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.