Valmark Advisers Inc. Buys New Stake in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)

Valmark Advisers Inc. acquired a new position in shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) in the 4th quarter, HoldingsChannel reports. The fund acquired 2,108 shares of the company’s stock, valued at approximately $212,000.

Other hedge funds have also made changes to their positions in the company. Mayfair Advisory Group LLC increased its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 9.7% in the third quarter. Mayfair Advisory Group LLC now owns 3,096 shares of the company’s stock valued at $281,000 after purchasing an additional 274 shares during the period. Raymond James & Associates raised its position in SPDR Russell 1000 Yield Focus ETF by 2.6% during the 3rd quarter. Raymond James & Associates now owns 48,657 shares of the company’s stock worth $4,448,000 after buying an additional 1,243 shares during the last quarter. Financial Advocates Investment Management lifted its stake in shares of SPDR Russell 1000 Yield Focus ETF by 2.7% in the 3rd quarter. Financial Advocates Investment Management now owns 6,538 shares of the company’s stock worth $598,000 after acquiring an additional 173 shares during the period. Aspire Wealth Management Corp boosted its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 1.0% in the third quarter. Aspire Wealth Management Corp now owns 51,958 shares of the company’s stock valued at $4,750,000 after acquiring an additional 529 shares in the last quarter. Finally, Bogart Wealth LLC boosted its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 39.8% in the third quarter. Bogart Wealth LLC now owns 1,054 shares of the company’s stock valued at $96,000 after acquiring an additional 300 shares in the last quarter.

SPDR Russell 1000 Yield Focus ETF Stock Up 0.7 %

NYSEARCA ONEY opened at $105.10 on Tuesday. The stock has a market capitalization of $792.44 million, a P/E ratio of 12.59 and a beta of 1.10. SPDR Russell 1000 Yield Focus ETF has a 52-week low of $86.09 and a 52-week high of $108.69. The firm has a 50-day moving average price of $104.52 and a 200 day moving average price of $98.90.

SPDR Russell 1000 Yield Focus ETF 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.