LPL Financial LLC Sells 1,508 Shares of SPDR Russell 1000 Momentum Focus ETF $ONEO

LPL Financial LLC reduced its stake in SPDR Russell 1000 Momentum Focus ETF (NYSEARCA:ONEO) by 5.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,140 shares of the company’s stock after selling 1,508 shares during the period. LPL Financial LLC owned 3.22% of SPDR Russell 1000 Momentum Focus ETF worth $2,781,000 as of its most recent SEC filing.

Separately, Bank of America Corp DE increased its stake in SPDR Russell 1000 Momentum Focus ETF by 1.4% in the fourth quarter. Bank of America Corp DE now owns 7,617 shares of the company’s stock valued at $903,000 after purchasing an additional 107 shares in the last quarter.

SPDR Russell 1000 Momentum Focus ETF Trading Down 0.3%

ONEO opened at $125.68 on Monday. SPDR Russell 1000 Momentum Focus ETF has a 1-year low of $101.96 and a 1-year high of $128.90. The company has a market cap of $94.26 million, a P/E ratio of 18.14 and a beta of 1.07. The company has a fifty day moving average price of $123.78 and a two-hundred day moving average price of $119.17.

About SPDR Russell 1000 Momentum Focus ETF

The SPDR Russell 1000 Momentum Focus ETF (ONEO) 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 (value, quality, small size and momentum) that are scaled by market cap. ONEO was launched on Dec 2, 2015 and is managed by State Street.