SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Hits New 12-Month High – What’s Next?

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) hit a new 52-week high on Monday . The company traded as high as $143.21 and last traded at $143.0780, with a volume of 3335 shares. The stock had previously closed at $142.97.

SPDR Russell 1000 Low Volatility Focus ETF Stock Up 0.0%

The stock has a 50-day moving average of $138.45 and a 200 day moving average of $134.83. The company has a market capitalization of $570.57 million, a PE ratio of 18.12 and a beta of 0.88.

Institutional Investors Weigh In On SPDR Russell 1000 Low Volatility Focus ETF

A number of hedge funds have recently made changes to their positions in the business. Allworth Financial LP bought a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth about $29,000. Kestra Advisory Services LLC bought a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter worth $36,000. IFP Advisors Inc raised its stake in SPDR Russell 1000 Low Volatility Focus ETF by 2,256.5% in the 4th quarter. IFP Advisors Inc now owns 542 shares of the company’s stock valued at $72,000 after acquiring an additional 519 shares during the period. Larson Financial Group LLC purchased a new stake in SPDR Russell 1000 Low Volatility Focus ETF during the fourth quarter valued at about $132,000. Finally, Empowered Funds LLC purchased a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth about $133,000.

SPDR Russell 1000 Low Volatility Focus ETF Company Profile

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.