SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Sets New 52-Week High – Time to Buy?

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $131.14 and last traded at $130.97, with a volume of 1513 shares traded. The stock had previously closed at $129.98.

SPDR Russell 1000 Low Volatility Focus ETF Stock Performance

The company has a market capitalization of $692.69 million, a PE ratio of 18.55 and a beta of 0.79. The company’s 50-day moving average is $126.71 and its 200 day moving average is $122.34.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SPDR Russell 1000 Low Volatility Focus ETF stock. Fifth Third Securities Inc. grew its position in shares of SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) by 30.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,079 shares of the company’s stock after buying an additional 2,348 shares during the quarter. Fifth Third Securities Inc. owned 0.19% of SPDR Russell 1000 Low Volatility Focus ETF worth $1,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About SPDR Russell 1000 Low Volatility Focus ETF

The SPDR Russell 1000 Low Volatility Focus ETF (ONEV) 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 that are scaled by market cap. ONEV was launched on Dec 2, 2015 and is managed by State Street.