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 an uptick in trading volume on Wednesday . 27,855 shares were traded during mid-day trading, an increase of 31% from the previous session’s volume of 21,229 shares.The stock last traded at $112.27 and had previously closed at $112.02.

SPDR Russell 1000 Yield Focus ETF Price Performance

The company has a fifty day moving average of $112.00 and a two-hundred day moving average of $111.01. The stock has a market capitalization of $842.07 million, a P/E ratio of 12.92 and a beta of 0.85.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ONEY. Cornerstone Wealth Management LLC acquired a new stake in SPDR Russell 1000 Yield Focus ETF in the fourth quarter worth about $221,000. RDA Financial Network lifted its stake in shares of SPDR Russell 1000 Yield Focus ETF by 14.5% in the 4th quarter. RDA Financial Network now owns 2,176 shares of the company’s stock worth $237,000 after acquiring an additional 275 shares during the period. Cornerstone Planning Group LLC boosted its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 7.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 2,586 shares of the company’s stock valued at $293,000 after acquiring an additional 170 shares in the last quarter. IVC Wealth Advisors LLC increased its stake in shares of SPDR Russell 1000 Yield Focus ETF by 4.9% during the fourth quarter. IVC Wealth Advisors LLC now owns 2,900 shares of the company’s stock valued at $316,000 after acquiring an additional 135 shares during the period. Finally, McAdam LLC lifted its position in SPDR Russell 1000 Yield Focus ETF by 19.4% in the third quarter. McAdam LLC now owns 3,039 shares of the company’s stock worth $341,000 after purchasing an additional 493 shares during the period.

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.