SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Sets New 12-Month High – Here’s What Happened

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $127.22 and last traded at $127.22, with a volume of 2138 shares changing hands. The stock had previously closed at $125.86.

SPDR Russell 1000 Yield Focus ETF Price Performance

The firm has a market capitalization of $857.60 million, a PE ratio of 14.77 and a beta of 0.84. The company has a 50-day moving average price of $122.55 and a 200 day moving average price of $119.52.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sound Income Strategies LLC purchased a new stake in SPDR Russell 1000 Yield Focus ETF during the 4th quarter valued at approximately $36,000. Allworth Financial LP purchased a new position in shares of SPDR Russell 1000 Yield Focus ETF in the third quarter worth $49,000. Orion Capital Management LLC purchased a new position in shares of SPDR Russell 1000 Yield Focus ETF in the third quarter worth $62,000. Root Financial Partners LLC purchased a new position in shares of SPDR Russell 1000 Yield Focus ETF in the first quarter worth $64,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 249.3% in the third quarter. GPS Wealth Strategies Group LLC now owns 936 shares of the company’s stock worth $106,000 after buying an additional 668 shares in the last quarter.

About SPDR Russell 1000 Yield Focus ETF

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.