SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Shares Up 0.5% – Still a Buy?

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEYGet Free Report)’s stock price was up 0.5% on Friday . The stock traded as high as $125.36 and last traded at $125.03. Approximately 56,901 shares were traded during mid-day trading, an increase of 134% from the average daily volume of 24,297 shares. The stock had previously closed at $124.42.

SPDR Russell 1000 Yield Focus ETF Trading Up 0.5%

The stock has a market capitalization of $841.45 million, a P/E ratio of 14.77 and a beta of 0.84. The company’s 50-day moving average is $122.36 and its two-hundred day moving average is $118.67.

Institutional Trading of SPDR Russell 1000 Yield Focus ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its stake in shares of SPDR Russell 1000 Yield Focus ETF by 21.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 70,256 shares of the company’s stock worth $7,950,000 after acquiring an additional 12,480 shares during the period. Savvy Advisors Inc. bought a new position in shares of SPDR Russell 1000 Yield Focus ETF in the fourth quarter valued at approximately $3,085,000. Moulton Wealth Management Inc. bought a new position in shares of SPDR Russell 1000 Yield Focus ETF in the fourth quarter valued at approximately $22,545,000. Holos Integrated Wealth LLC bought a new position in shares of SPDR Russell 1000 Yield Focus ETF in the fourth quarter valued at approximately $5,286,000. Finally, Thrivent Financial for Lutherans bought a new position in shares of SPDR Russell 1000 Yield Focus ETF in the third quarter valued at approximately $1,924,000.

SPDR Russell 1000 Yield Focus ETF Company Profile

(Get Free Report)

The SPDR Russell 1000 Yield Focus ETF (ONEY) is an exchange-traded fund that is based on the Russell 1000 Yield Focused Factor index. 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. ONEY was launched on Dec 2, 2015 and is managed by State Street.

Further Reading

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