Moulton Wealth Management Inc. Takes $22.55 Million Position in SPDR Russell 1000 Yield Focus ETF $ONEY

Moulton Wealth Management Inc. purchased a new position in shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 198,524 shares of the company’s stock, valued at approximately $22,545,000. SPDR Russell 1000 Yield Focus ETF comprises approximately 15.6% of Moulton Wealth Management Inc.’s holdings, making the stock its 2nd biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in ONEY. World Equity Group Inc. grew its stake in SPDR Russell 1000 Yield Focus ETF by 4.5% in the 4th quarter. World Equity Group Inc. now owns 3,764 shares of the company’s stock valued at $427,000 after acquiring an additional 163 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in SPDR Russell 1000 Yield Focus ETF by 18.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,441 shares of the company’s stock worth $403,000 after acquiring an additional 530 shares during the last quarter. Precedent Wealth Partners LLC lifted its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 1.7% in the fourth quarter. Precedent Wealth Partners LLC now owns 12,847 shares of the company’s stock valued at $1,459,000 after purchasing an additional 217 shares in the last quarter. Holos Integrated Wealth LLC purchased a new stake in shares of SPDR Russell 1000 Yield Focus ETF in the fourth quarter valued at about $5,286,000. Finally, Allworth Financial LP acquired a new stake in shares of SPDR Russell 1000 Yield Focus ETF in the third quarter valued at approximately $49,000.

SPDR Russell 1000 Yield Focus ETF Price Performance

Shares of ONEY opened at $119.39 on Friday. The firm has a 50 day simple moving average of $122.26 and a 200-day simple moving average of $116.66. SPDR Russell 1000 Yield Focus ETF has a 1-year low of $94.39 and a 1-year high of $127.17. The stock has a market cap of $821.40 million, a price-to-earnings ratio of 14.77 and a beta of 0.96.

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.