SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Sees Large Volume Increase

Shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) saw unusually-strong trading volume on Wednesday . Approximately 51,125 shares traded hands during trading, an increase of 177% from the previous session’s volume of 18,471 shares.The stock last traded at $103.09 and had previously closed at $102.69.

SPDR Russell 1000 Yield Focus ETF Price Performance

The firm has a market capitalization of $780.24 million, a price-to-earnings ratio of 12.92 and a beta of 0.85. The business has a 50 day moving average of $104.91 and a 200 day moving average of $103.15.

Hedge Funds Weigh In On SPDR Russell 1000 Yield Focus ETF

A number of hedge funds have recently made changes to their positions in ONEY. Newbridge Financial Services Group Inc. grew its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 103.8% in the 1st quarter. Newbridge Financial Services Group Inc. now owns 1,865 shares of the company’s stock worth $203,000 after purchasing an additional 950 shares during the last quarter. Prime Capital Investment Advisors LLC bought a new position in shares of SPDR Russell 1000 Yield Focus ETF in the fourth quarter valued at approximately $255,000. Truist Financial Corp boosted its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 31.6% in the 4th quarter. Truist Financial Corp now owns 7,233 shares of the company’s stock worth $729,000 after acquiring an additional 1,735 shares in the last quarter. Venture Visionary Partners LLC bought a new stake in SPDR Russell 1000 Yield Focus ETF during the 4th quarter worth approximately $362,000. Finally, FMA Wealth Management LLC acquired a new stake in SPDR Russell 1000 Yield Focus ETF during the 4th quarter valued at $758,000.

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.