SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) Sees Strong Trading Volume – Should You Buy?

SPDR SSGA US Large Cap Low Volatility Index ETF (NYSEARCA:LGLV) shares saw an uptick in trading volume on Tuesday . 23,453 shares traded hands during mid-day trading, an increase of 0% from the previous session’s volume of 23,410 shares.The stock last traded at $171.51 and had previously closed at $174.15.

SPDR SSGA US Large Cap Low Volatility Index ETF Price Performance

The company has a fifty day moving average price of $169.94 and a 200 day moving average price of $169.97. The company has a market capitalization of $882.23 million, a P/E ratio of 23.59 and a beta of 0.86.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in LGLV. JPMorgan Chase & Co. boosted its holdings 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 acquiring an additional 1,119 shares during the period. Farther Finance Advisors LLC boosted its stake in 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 valued at $3,436,000 after purchasing an additional 2,496 shares during the period. Jones Financial Companies Lllp grew its position in 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 purchasing an additional 410 shares during the last quarter. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF in the fourth quarter valued at approximately $41,000. Finally, Avior Wealth Management LLC bought a new stake in shares of SPDR SSGA US Large Cap Low Volatility Index ETF during the fourth quarter valued at approximately $67,000.

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.