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

Shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) saw an uptick in trading volume on Friday . 25,433 shares were traded during mid-day trading, an increase of 12% from the previous session’s volume of 22,746 shares.The stock last traded at $124.7390 and had previously closed at $124.06.

SPDR Russell 1000 Yield Focus ETF Stock Performance

The firm has a market cap of $860.62 million, a P/E ratio of 14.77 and a beta of 0.96. The company has a 50-day moving average of $117.19 and a 200 day moving average of $114.25.

Institutional Investors Weigh In On SPDR Russell 1000 Yield Focus ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC bought a new stake in shares of SPDR Russell 1000 Yield Focus ETF in the 4th quarter worth about $36,000. Allworth Financial LP bought a new stake in SPDR Russell 1000 Yield Focus ETF during the third quarter worth about $49,000. CWM LLC grew its stake in SPDR Russell 1000 Yield Focus ETF by 125.2% during the third quarter. CWM LLC now owns 491 shares of the company’s stock worth $56,000 after buying an additional 273 shares during the last quarter. Orion Capital Management LLC acquired a new stake in shares of SPDR Russell 1000 Yield Focus ETF during the third quarter worth approximately $62,000. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 249.3% during the third quarter. GPS Wealth Strategies Group LLC now owns 936 shares of the company’s stock worth $106,000 after buying an additional 668 shares in 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.