SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Sees Significant Drop in Short Interest

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,835 shares, a decrease of 59.7% from the July 15th total of 4,558 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 27,332 shares, the short-interest ratio is presently 0.1 days.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

Shares of SPDR Russell 1000 Low Volatility Focus ETF stock traded up $0.04 on Friday, reaching $151.19. The company had a trading volume of 1,403 shares, compared to its average volume of 19,602. The firm has a market cap of $308.43 million, a price-to-earnings ratio of 18.12 and a beta of 0.80. The firm’s 50-day moving average price is $145.79 and its two-hundred day moving average price is $141.12. SPDR Russell 1000 Low Volatility Focus ETF has a 1 year low of $129.05 and a 1 year high of $151.27.

Institutional Trading of SPDR Russell 1000 Low Volatility Focus ETF

A number of institutional investors have recently bought and sold shares of the stock. Keystone Financial Services LLC increased its position in SPDR Russell 1000 Low Volatility Focus ETF by 4.0% during the fourth quarter. Keystone Financial Services LLC now owns 1,954 shares of the company’s stock valued at $260,000 after acquiring an additional 75 shares during the last quarter. Provident Wealth Management LLC lifted its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 0.4% in the 1st quarter. Provident Wealth Management LLC now owns 40,630 shares of the company’s stock worth $5,451,000 after acquiring an additional 164 shares during the last quarter. Equitable Holdings Inc. lifted its holdings in shares of 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 acquiring an additional 170 shares during the last quarter. Ausdal Financial Partners Inc. lifted its holdings in shares of 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 acquiring an additional 205 shares during the last quarter. Finally, Allworth Financial LP purchased a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter worth about $29,000.

SPDR Russell 1000 Low Volatility Focus ETF Company Profile

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.