SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Sets New 12-Month High – Here’s What Happened

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) hit a new 52-week high during trading on Tuesday . The stock traded as high as $136.89 and last traded at $136.38, with a volume of 5169 shares. The stock had previously closed at $135.68.

SPDR Russell 1000 Yield Focus ETF Stock Performance

The business has a fifty day moving average of $131.84 and a two-hundred day moving average of $127.07. The firm has a market capitalization of $686.90 million, a price-to-earnings ratio of 14.77 and a beta of 0.83.

Hedge Funds Weigh In On SPDR Russell 1000 Yield Focus ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Valmark Advisers Inc. boosted its stake in shares of SPDR Russell 1000 Yield Focus ETF by 3.2% in the 1st quarter. Valmark Advisers Inc. now owns 3,619 shares of the company’s stock valued at $434,000 after purchasing an additional 113 shares in the last quarter. Essex Financial Services Inc. increased its position in SPDR Russell 1000 Yield Focus ETF by 2.1% during the 4th quarter. Essex Financial Services Inc. now owns 7,391 shares of the company’s stock worth $839,000 after purchasing an additional 150 shares in the last quarter. RDA Financial Network increased its position in SPDR Russell 1000 Yield Focus ETF by 8.2% during the 2nd quarter. RDA Financial Network now owns 2,037 shares of the company’s stock worth $261,000 after purchasing an additional 155 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in SPDR Russell 1000 Yield Focus ETF by 1.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 17,182 shares of the company’s stock valued at $1,965,000 after purchasing an additional 181 shares during the last quarter. Finally, World Investment Advisors lifted its stake in SPDR Russell 1000 Yield Focus ETF by 7.1% in the 1st quarter. World Investment Advisors now owns 2,763 shares of the company’s stock valued at $332,000 after purchasing an additional 182 shares during the last quarter.

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.