SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Reaches New 52-Week High – What’s Next?

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $129.95 and last traded at $129.95, with a volume of 2164 shares changing hands. The stock had previously closed at $129.51.

SPDR Russell 1000 Yield Focus ETF Trading Down 0.0%

The stock has a market cap of $871.47 million, a P/E ratio of 14.77 and a beta of 0.83. The business’s 50 day moving average price is $124.92 and its two-hundred day moving average price is $121.07.

Hedge Funds Weigh In On SPDR Russell 1000 Yield Focus ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in shares of SPDR Russell 1000 Yield Focus ETF in the 1st quarter worth approximately $271,000. Ameriprise Financial Inc. grew its position in SPDR Russell 1000 Yield Focus ETF by 8.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,270,103 shares of the company’s stock valued at $137,039,000 after purchasing an additional 103,997 shares during the last quarter. Equitable Holdings Inc. raised its holdings in SPDR Russell 1000 Yield Focus ETF by 17.4% in the second quarter. Equitable Holdings Inc. now owns 31,959 shares of the company’s stock worth $3,460,000 after buying an additional 4,744 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of SPDR Russell 1000 Yield Focus ETF by 34.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,728 shares of the company’s stock worth $295,000 after buying an additional 702 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 31.8% during the third quarter. Truist Financial Corp now owns 3,804 shares of the company’s stock valued at $430,000 after buying an additional 917 shares during the last quarter.

SPDR Russell 1000 Yield Focus ETF Company Profile

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.