SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Short Interest Down 59.7% in July

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,835 shares, a drop of 59.7% from the July 15th total of 4,558 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 27,332 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Allworth Financial LP purchased a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter worth $29,000. Kestra Advisory Services LLC purchased a new position in SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter valued at about $36,000. IFP Advisors Inc grew its stake in SPDR Russell 1000 Low Volatility Focus ETF by 2,256.5% in the fourth quarter. IFP Advisors Inc now owns 542 shares of the company’s stock valued at $72,000 after purchasing an additional 519 shares during the last quarter. EverSource Wealth Advisors LLC bought a new position in SPDR Russell 1000 Low Volatility Focus ETF in the first quarter worth about $74,000. Finally, Larson Financial Group LLC bought a new position in SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth about $132,000.

SPDR Russell 1000 Low Volatility Focus ETF Stock Performance

NYSEARCA:ONEV traded up $0.04 during trading hours on Friday, reaching $151.19. The company’s stock had a trading volume of 1,403 shares, compared to its average volume of 19,602. The stock has a 50 day moving average price of $145.79 and a two-hundred day moving average price of $141.12. The company has a market capitalization of $308.43 million, a P/E ratio of 18.12 and a beta of 0.80. SPDR Russell 1000 Low Volatility Focus ETF has a 12 month low of $129.05 and a 12 month high of $151.27.

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.