SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Short Interest Down 40.5% in August

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,952 shares, a decrease of 40.5% from the August 15th total of 3,282 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 4,002 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On SPDR Russell 1000 Low Volatility Focus ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Ameritas Investment Partners Inc. increased its position in shares of SPDR Russell 1000 Low Volatility Focus ETF by 4.0% during the fourth quarter. Ameritas Investment Partners Inc. now owns 358,735 shares of the company’s stock valued at $47,778,000 after acquiring an additional 13,644 shares during the last quarter. Cetera Investment Advisers boosted its position in SPDR Russell 1000 Low Volatility Focus ETF by 8.3% in the first quarter. Cetera Investment Advisers now owns 46,038 shares of the company’s stock worth $6,177,000 after purchasing an additional 3,523 shares during the last quarter. Provident Wealth Management LLC boosted its position in SPDR Russell 1000 Low Volatility Focus ETF by 0.4% in the first quarter. Provident Wealth Management LLC now owns 40,630 shares of the company’s stock worth $5,451,000 after purchasing an additional 164 shares during the last quarter. HF Advisory Group LLC grew its stake in SPDR Russell 1000 Low Volatility Focus ETF by 6.8% in the 2nd quarter. HF Advisory Group LLC now owns 12,693 shares of the company’s stock valued at $1,816,000 after purchasing an additional 806 shares during the period. Finally, Creative Financial Designs Inc. ADV grew its stake in SPDR Russell 1000 Low Volatility Focus ETF by 17.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 11,838 shares of the company’s stock valued at $1,577,000 after purchasing an additional 1,773 shares during the period.

SPDR Russell 1000 Low Volatility Focus ETF Stock Down 0.7%

SPDR Russell 1000 Low Volatility Focus ETF stock traded down $1.04 during midday trading on Friday, hitting $143.95. 812 shares of the stock were exchanged, compared to its average volume of 17,955. SPDR Russell 1000 Low Volatility Focus ETF has a 52-week low of $129.05 and a 52-week high of $151.87. The stock has a market capitalization of $148.27 million, a price-to-earnings ratio of 18.12 and a beta of 0.80. The business’s 50-day moving average price is $148.39 and its 200-day moving average price is $142.50.

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.