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

Shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) saw an uptick in trading volume on Friday . 9,939 shares changed hands during mid-day trading, an increase of 88% from the previous session’s volume of 5,299 shares.The stock last traded at $109.13 and had previously closed at $108.61.

SPDR Russell 1000 Yield Focus ETF Stock Up 0.6 %

The business has a fifty day moving average of $112.82 and a 200 day moving average of $110.05. The firm has a market cap of $823.44 million, a P/E ratio of 12.92 and a beta of 0.85.

Hedge Funds Weigh In On SPDR Russell 1000 Yield Focus ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Thoroughbred Financial Services LLC raised its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 4.8% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 2,500 shares of the company’s stock worth $259,000 after buying an additional 114 shares in the last quarter. McAdam LLC raised its stake in SPDR Russell 1000 Yield Focus ETF by 19.4% during the third quarter. McAdam LLC now owns 3,039 shares of the company’s stock worth $341,000 after acquiring an additional 493 shares in the last quarter. World Equity Group Inc. boosted its stake in shares of SPDR Russell 1000 Yield Focus ETF by 21.2% in the 3rd quarter. World Equity Group Inc. now owns 3,058 shares of the company’s stock valued at $343,000 after purchasing an additional 534 shares in the last quarter. Indie Asset Partners LLC grew its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 16.0% during the 3rd quarter. Indie Asset Partners LLC now owns 3,846 shares of the company’s stock valued at $431,000 after purchasing an additional 530 shares during the last quarter. Finally, Creekside Partners acquired a new position in SPDR Russell 1000 Yield Focus ETF during the 2nd quarter worth approximately $592,000.

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.