SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Stock Price Up 0.8% – What’s Next?

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) traded up 0.8% during mid-day trading on Monday . The company traded as high as $116.33 and last traded at $115.89. 16,024 shares were traded during mid-day trading, a decline of 53% from the average session volume of 34,112 shares. The stock had previously closed at $114.94.

SPDR Russell 1000 Yield Focus ETF Price Performance

The firm has a market capitalization of $826.30 million, a PE ratio of 14.77 and a beta of 0.96. The firm has a fifty day moving average price of $113.31 and a 200 day moving average price of $112.62.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ONEY. Steward Partners Investment Advisory LLC boosted its position in shares of SPDR Russell 1000 Yield Focus ETF by 4.5% in the second quarter. Steward Partners Investment Advisory LLC now owns 53,032 shares of the company’s stock worth $5,742,000 after buying an additional 2,273 shares during the period. Collaborative Wealth Managment Inc. lifted its stake in SPDR Russell 1000 Yield Focus ETF by 7.4% in the 2nd quarter. Collaborative Wealth Managment Inc. now owns 24,132 shares of the company’s stock worth $2,613,000 after acquiring an additional 1,653 shares in the last quarter. Leavell Investment Management Inc. lifted its stake in SPDR Russell 1000 Yield Focus ETF by 0.9% in the 2nd quarter. Leavell Investment Management Inc. now owns 17,144 shares of the company’s stock worth $1,856,000 after acquiring an additional 145 shares in the last quarter. Thoroughbred Financial Services LLC boosted its position in SPDR Russell 1000 Yield Focus ETF by 68.5% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 4,260 shares of the company’s stock worth $461,000 after acquiring an additional 1,732 shares during the period. Finally, Global Retirement Partners LLC purchased a new position in SPDR Russell 1000 Yield Focus ETF during the 2nd quarter valued at about $1,156,000.

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.