Short Interest in SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Increases By 111.2%

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 3,025 shares, a growth of 111.2% from the May 31st total of 1,432 shares. Based on an average daily volume of 21,933 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

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

Several institutional investors have recently modified their holdings of ONEV. Ameritas Investment Partners Inc. lifted its position in SPDR Russell 1000 Low Volatility Focus ETF by 4.0% in the 4th quarter. Ameritas Investment Partners Inc. now owns 358,735 shares of the company’s stock valued at $47,778,000 after purchasing an additional 13,644 shares during the last quarter. HF Advisory Group LLC grew its position in SPDR Russell 1000 Low Volatility Focus ETF by 758.1% in the 4th quarter. HF Advisory Group LLC now owns 106,681 shares of the company’s stock worth $14,208,000 after purchasing an additional 94,249 shares during the last quarter. Cetera Investment Advisers grew its position in SPDR Russell 1000 Low Volatility Focus ETF by 8.3% in the 1st quarter. Cetera Investment Advisers now owns 46,038 shares of the company’s stock worth $6,177,000 after purchasing an additional 3,523 shares during the last quarter. Provident Wealth Management LLC grew its position in SPDR Russell 1000 Low Volatility Focus ETF by 0.4% in the 1st quarter. Provident Wealth Management LLC now owns 40,630 shares of the company’s stock worth $5,451,000 after purchasing an additional 164 shares during the last quarter. Finally, Equitable Holdings Inc. increased its stake 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.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

Shares of ONEV opened at $143.36 on Tuesday. SPDR Russell 1000 Low Volatility Focus ETF has a 12 month low of $127.38 and a 12 month high of $145.06. The stock has a fifty day moving average price of $140.46 and a 200 day moving average price of $138.43. The company has a market cap of $514.66 million, a P/E ratio of 18.12 and a beta of 0.81.

SPDR Russell 1000 Low Volatility Focus ETF Company Profile

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.