Kestra Investment Management LLC Sells 22,570 Shares of SPDR Russell 1000 Yield Focus ETF $ONEY

Kestra Investment Management LLC lessened its position in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 6.0% in the third quarter, HoldingsChannel reports. The firm owned 354,360 shares of the company’s stock after selling 22,570 shares during the quarter. Kestra Investment Management LLC owned 0.07% of SPDR Russell 1000 Yield Focus ETF worth $43,558,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in SPDR Russell 1000 Yield Focus ETF by 10.4% in the second quarter. Envestnet Asset Management Inc. now owns 104,734 shares of the company’s stock worth $13,416,000 after purchasing an additional 9,898 shares during the period. Waverly Advisors LLC boosted its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 9.2% during the 2nd quarter. Waverly Advisors LLC now owns 71,713 shares of the company’s stock valued at $9,186,000 after buying an additional 6,059 shares in the last quarter. Cetera Investment Advisers grew its position in shares of SPDR Russell 1000 Yield Focus ETF by 53.2% in the 1st quarter. Cetera Investment Advisers now owns 58,981 shares of the company’s stock worth $7,081,000 after buying an additional 20,490 shares during the period. Kestra Advisory Services LLC grew its position in shares of SPDR Russell 1000 Yield Focus ETF by 174.5% in the 3rd quarter. Kestra Advisory Services LLC now owns 49,410 shares of the company’s stock worth $6,073,000 after buying an additional 31,410 shares during the period. Finally, Collaborative Wealth Managment Inc. grew its position in shares of SPDR Russell 1000 Yield Focus ETF by 17.1% in the 1st quarter. Collaborative Wealth Managment Inc. now owns 37,858 shares of the company’s stock worth $4,545,000 after buying an additional 5,533 shares during the period.

SPDR Russell 1000 Yield Focus ETF Price Performance

Shares of SPDR Russell 1000 Yield Focus ETF stock opened at $136.54 on Tuesday. SPDR Russell 1000 Yield Focus ETF has a 1 year low of $108.75 and a 1 year high of $139.20. The company has a 50-day moving average of $130.23 and a 200 day moving average of $127.60. The firm has a market cap of $679.97 million, a price-to-earnings ratio of 14.91 and a beta of 0.83.

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.