SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Sees Large Volume Increase – Time to Buy?

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) shares saw strong trading volume on Wednesday . 27,855 shares were traded during trading, an increase of 31% from the previous session’s volume of 21,229 shares.The stock last traded at $112.27 and had previously closed at $112.02.

SPDR Russell 1000 Yield Focus ETF Stock Performance

The firm’s 50-day moving average price is $112.09 and its 200 day moving average price is $110.99. The company has a market cap of $842.37 million, a price-to-earnings ratio of 12.92 and a beta of 0.85.

Institutional Investors Weigh In On SPDR Russell 1000 Yield Focus ETF

Institutional investors have recently modified their holdings of the business. Cornerstone Wealth Management LLC bought a new position in SPDR Russell 1000 Yield Focus ETF during the 4th quarter worth approximately $221,000. RDA Financial Network boosted its stake in SPDR Russell 1000 Yield Focus ETF by 14.5% during the 4th quarter. RDA Financial Network now owns 2,176 shares of the company’s stock worth $237,000 after acquiring an additional 275 shares during the last quarter. Cornerstone Planning Group LLC boosted its stake in SPDR Russell 1000 Yield Focus ETF by 7.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 2,586 shares of the company’s stock worth $293,000 after acquiring an additional 170 shares during the last quarter. IVC Wealth Advisors LLC boosted its stake in SPDR Russell 1000 Yield Focus ETF by 4.9% during the 4th quarter. IVC Wealth Advisors LLC now owns 2,900 shares of the company’s stock worth $316,000 after acquiring an additional 135 shares during the last quarter. Finally, McAdam LLC boosted its stake in SPDR Russell 1000 Yield Focus ETF by 19.4% during the 3rd quarter. McAdam LLC now owns 3,039 shares of the company’s stock worth $341,000 after acquiring an additional 493 shares during the last quarter.

SPDR Russell 1000 Yield Focus ETF Company 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.