SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Sees Strong Trading Volume – Here’s What Happened

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) shares saw unusually-strong trading volume on Thursday . Approximately 20,557 shares were traded during mid-day trading, a decline of 11% from the previous session’s volume of 23,124 shares.The stock last traded at $111.41 and had previously closed at $111.22.

SPDR Russell 1000 Yield Focus ETF Stock Down 0.4 %

The stock has a market cap of $837.89 million, a P/E ratio of 12.92 and a beta of 0.85. The firm’s 50-day moving average is $111.55 and its two-hundred day moving average is $111.11.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC bought a new position in shares of SPDR Russell 1000 Yield Focus ETF in the fourth quarter valued at approximately $1,674,000. Jones Financial Companies Lllp raised its holdings in SPDR Russell 1000 Yield Focus ETF by 794.5% in the 4th quarter. Jones Financial Companies Lllp now owns 5,340 shares of the company’s stock worth $581,000 after acquiring an additional 4,743 shares during the period. Portland Financial Advisors Inc bought a new stake in SPDR Russell 1000 Yield Focus ETF during the fourth quarter valued at about $357,000. World Equity Group Inc. boosted its holdings in SPDR Russell 1000 Yield Focus ETF by 100.3% during the fourth quarter. World Equity Group Inc. now owns 6,126 shares of the company’s stock valued at $667,000 after acquiring an additional 3,068 shares during the period. Finally, Lutz Financial Services LLC acquired a new stake in shares of SPDR Russell 1000 Yield Focus ETF in the fourth quarter valued at about $364,000.

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.