Short Interest in SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Declines By 26.5%

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,557 shares, a drop of 26.5% from the March 15th total of 2,117 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 19,975 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On SPDR Russell 1000 Low Volatility Focus ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in ONEV. Keystone Financial Services LLC increased its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 4.0% in the 4th quarter. Keystone Financial Services LLC now owns 1,954 shares of the company’s stock worth $260,000 after buying an additional 75 shares in the last quarter. 21 West Wealth Management LLC increased its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 1.5% in the 4th quarter. 21 West Wealth Management LLC now owns 11,392 shares of the company’s stock worth $1,517,000 after buying an additional 168 shares in the last quarter. Equitable Holdings Inc. increased its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 0.5% in the 4th quarter. Equitable Holdings Inc. now owns 36,897 shares of the company’s stock worth $4,914,000 after buying an additional 170 shares in the last quarter. Ausdal Financial Partners Inc. increased its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 0.8% in the 4th quarter. Ausdal Financial Partners Inc. now owns 25,414 shares of the company’s stock worth $3,385,000 after buying an additional 205 shares in the last quarter. Finally, Allworth Financial LP bought a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the 4th quarter worth about $29,000.

SPDR Russell 1000 Low Volatility Focus ETF Trading Down 0.5%

SPDR Russell 1000 Low Volatility Focus ETF stock traded down $0.68 on Wednesday, hitting $137.57. 5,524 shares of the stock traded hands, compared to its average volume of 11,144. The firm has a market cap of $522.77 million, a P/E ratio of 18.12 and a beta of 0.86. The business’s fifty day simple moving average is $138.10 and its 200 day simple moving average is $135.53. SPDR Russell 1000 Low Volatility Focus ETF has a 1 year low of $117.26 and a 1 year high of $143.38.

About SPDR Russell 1000 Low Volatility Focus ETF

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.