Sovran Advisors LLC Acquires New Stake in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)

Sovran Advisors LLC bought a new position in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,511 shares of the company’s stock, valued at approximately $495,000. Sovran Advisors LLC owned about 0.06% of SPDR Russell 1000 Yield Focus ETF at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Strategic Financial Concepts LLC raised its position in shares of SPDR Russell 1000 Yield Focus ETF by 10,847.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 840,577 shares of the company’s stock valued at $91,508,000 after purchasing an additional 832,899 shares during the period. Creative Planning grew its stake in SPDR Russell 1000 Yield Focus ETF by 3.1% in the 3rd quarter. Creative Planning now owns 256,939 shares of the company’s stock valued at $28,818,000 after buying an additional 7,795 shares in the last quarter. Lebenthal Global Advisors LLC bought a new stake in SPDR Russell 1000 Yield Focus ETF during the 4th quarter valued at $12,118,000. Raymond James & Associates lifted its position in shares of SPDR Russell 1000 Yield Focus ETF by 1.6% during the third quarter. Raymond James & Associates now owns 56,119 shares of the company’s stock worth $6,294,000 after acquiring an additional 885 shares in the last quarter. Finally, Pallas Capital Advisors LLC boosted its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 3.0% in the third quarter. Pallas Capital Advisors LLC now owns 37,062 shares of the company’s stock worth $4,133,000 after acquiring an additional 1,090 shares during the period.

SPDR Russell 1000 Yield Focus ETF Stock Performance

Shares of NYSEARCA ONEY opened at $110.39 on Thursday. The stock has a fifty day moving average of $111.06 and a 200-day moving average of $111.23. The stock has a market cap of $832.34 million, a PE ratio of 12.92 and a beta of 0.85. SPDR Russell 1000 Yield Focus ETF has a fifty-two week low of $97.07 and a fifty-two week high of $118.17.

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.