McAdam LLC Grows Position in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)

McAdam LLC raised its stake in shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 22.5% during the second quarter, HoldingsChannel reports. The firm owned 2,546 shares of the company’s stock after purchasing an additional 467 shares during the quarter. McAdam LLC’s holdings in SPDR Russell 1000 Yield Focus ETF were worth $264,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. raised its position in SPDR Russell 1000 Yield Focus ETF by 103.8% during the 1st quarter. Newbridge Financial Services Group Inc. now owns 1,865 shares of the company’s stock worth $203,000 after buying an additional 950 shares during the last quarter. Truist Financial Corp lifted its position in SPDR Russell 1000 Yield Focus ETF by 31.6% during the fourth quarter. Truist Financial Corp now owns 7,233 shares of the company’s stock valued at $729,000 after purchasing an additional 1,735 shares during the period. FMA Wealth Management LLC acquired a new position in SPDR Russell 1000 Yield Focus ETF during the fourth quarter valued at $758,000. Essex Financial Services Inc. purchased a new stake in SPDR Russell 1000 Yield Focus ETF in the fourth quarter valued at $450,000. Finally, Kingsview Wealth Management LLC grew its position in SPDR Russell 1000 Yield Focus ETF by 41.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 11,521 shares of the company’s stock worth $1,160,000 after purchasing an additional 3,366 shares during the period.

SPDR Russell 1000 Yield Focus ETF Stock Up 1.6 %

SPDR Russell 1000 Yield Focus ETF stock opened at $110.95 on Friday. SPDR Russell 1000 Yield Focus ETF has a 52 week low of $86.09 and a 52 week high of $110.96. The firm has a market cap of $836.58 million, a price-to-earnings ratio of 12.92 and a beta of 0.85. The business’s 50-day moving average price is $106.20 and its 200 day moving average price is $104.99.

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.