SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Short Interest Down 62.6% in February

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 5,271 shares, a decrease of 62.6% from the January 29th total of 14,075 shares. Based on an average daily volume of 6,449 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 6,449 shares, the days-to-cover ratio is currently 0.8 days.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

Shares of NYSEARCA:ONEV opened at $141.60 on Thursday. SPDR Russell 1000 Low Volatility Focus ETF has a 1-year low of $113.16 and a 1-year high of $143.07. The stock has a market cap of $564.98 million, a P/E ratio of 18.12 and a beta of 0.88. The firm has a fifty day moving average price of $138.13 and a 200 day moving average price of $134.65.

Hedge Funds Weigh In On SPDR Russell 1000 Low Volatility Focus ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Keystone Financial Services LLC increased its position in SPDR Russell 1000 Low Volatility Focus ETF by 4.0% in the 4th quarter. Keystone Financial Services LLC now owns 1,954 shares of the company’s stock valued at $260,000 after acquiring an additional 75 shares during the period. 21 West Wealth Management LLC increased its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 1.5% in the fourth quarter. 21 West Wealth Management LLC now owns 11,392 shares of the company’s stock valued at $1,517,000 after purchasing an additional 168 shares during the period. Equitable Holdings Inc. increased its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 0.5% in the fourth quarter. Equitable Holdings Inc. now owns 36,897 shares of the company’s stock valued at $4,914,000 after purchasing an additional 170 shares during the period. Ausdal Financial Partners Inc. raised its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 0.8% during the fourth quarter. Ausdal Financial Partners Inc. now owns 25,414 shares of the company’s stock worth $3,385,000 after purchasing an additional 205 shares during the last quarter. Finally, Allworth Financial LP acquired a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF during the fourth quarter worth $29,000.

About SPDR Russell 1000 Low Volatility Focus ETF

The SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap stocks from the Russell 1000 Index, selected and weighted by four factors that are scaled by market cap. ONEV was launched on Dec 2, 2015 and is managed by State Street.