SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Hits New 52-Week High – Time to Buy?

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $118.68 and last traded at $119.1790, with a volume of 2409 shares changing hands. The stock had previously closed at $118.11.

SPDR Russell 1000 Yield Focus ETF Stock Up 0.2%

The stock has a market cap of $842.47 million, a P/E ratio of 14.77 and a beta of 0.96. The firm has a 50 day moving average price of $113.86 and a 200 day moving average price of $112.97.

Institutional Investors Weigh In On SPDR Russell 1000 Yield Focus ETF

Institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. lifted its position in shares of SPDR Russell 1000 Yield Focus ETF by 8.9% in the second quarter. Ameriprise Financial Inc. now owns 1,270,103 shares of the company’s stock valued at $137,039,000 after acquiring an additional 103,997 shares in the last quarter. Kestra Investment Management LLC lifted its holdings in SPDR Russell 1000 Yield Focus ETF by 4.5% in the 3rd quarter. Kestra Investment Management LLC now owns 263,788 shares of the company’s stock worth $29,850,000 after purchasing an additional 11,343 shares in the last quarter. Mariner LLC boosted its stake in SPDR Russell 1000 Yield Focus ETF by 10.5% in the 3rd quarter. Mariner LLC now owns 208,250 shares of the company’s stock worth $23,565,000 after purchasing an additional 19,845 shares during the period. Raymond James Financial Inc. grew its holdings in SPDR Russell 1000 Yield Focus ETF by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 196,311 shares of the company’s stock valued at $22,214,000 after buying an additional 4,791 shares in the last quarter. Finally, Lebenthal Global Advisors LLC boosted its position in shares of SPDR Russell 1000 Yield Focus ETF by 1.5% during the third quarter. Lebenthal Global Advisors LLC now owns 115,155 shares of the company’s stock worth $13,031,000 after acquiring an additional 1,726 shares during 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.