Ally Invest Advisors Inc. Decreases Holdings in SPDR Russell 1000 Yield Focus ETF $ONEY

Ally Invest Advisors Inc. reduced its position in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 4.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 2,496 shares of the company’s stock after selling 110 shares during the period. Ally Invest Advisors Inc.’s holdings in SPDR Russell 1000 Yield Focus ETF were worth $273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ONEY. Dynamic Advisor Solutions LLC purchased a new stake in SPDR Russell 1000 Yield Focus ETF during the 1st quarter valued at approximately $208,000. Cambridge Investment Research Advisors Inc. raised its stake in SPDR Russell 1000 Yield Focus ETF by 31.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 63,599 shares of the company’s stock valued at $6,947,000 after acquiring an additional 15,205 shares during the last quarter. Bank of America Corp DE raised its stake in SPDR Russell 1000 Yield Focus ETF by 5.4% during the 4th quarter. Bank of America Corp DE now owns 22,095 shares of the company’s stock valued at $2,405,000 after acquiring an additional 1,127 shares during the last quarter. Wells Fargo & Company MN purchased a new stake in SPDR Russell 1000 Yield Focus ETF during the 4th quarter valued at approximately $117,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in SPDR Russell 1000 Yield Focus ETF by 5.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,368 shares of the company’s stock valued at $258,000 after acquiring an additional 123 shares during the last quarter.

SPDR Russell 1000 Yield Focus ETF Stock Up 2.5%

ONEY opened at $115.43 on Friday. The business has a 50 day moving average price of $110.68 and a two-hundred day moving average price of $108.36. The company has a market cap of $889.97 million, a PE ratio of 14.77 and a beta of 1.10. SPDR Russell 1000 Yield Focus ETF has a 52 week low of $94.39 and a 52 week high of $118.17.

About SPDR Russell 1000 Yield Focus ETF

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.