SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Short Interest Update

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 6,679 shares, a decrease of 38.4% from the August 15th total of 10,846 shares. Based on an average daily volume of 8,251 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On SPDR Russell 1000 Yield Focus ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ONEY. Waverly Advisors LLC increased its stake in SPDR Russell 1000 Yield Focus ETF by 7.9% during the 1st quarter. Waverly Advisors LLC now owns 65,654 shares of the company’s stock worth $7,882,000 after buying an additional 4,796 shares during the period. Pathfinder Wealth Consulting Inc. purchased a new position in SPDR Russell 1000 Yield Focus ETF in the 4th quarter valued at about $1,076,000. Collaborative Wealth Managment Inc. boosted its position in SPDR Russell 1000 Yield Focus ETF by 30.9% in the 4th quarter. Collaborative Wealth Managment Inc. now owns 32,325 shares of the company’s stock valued at $3,671,000 after buying an additional 7,626 shares during the last quarter. Kestra Advisory Services LLC grew its stake in shares of SPDR Russell 1000 Yield Focus ETF by 261.8% during the first quarter. Kestra Advisory Services LLC now owns 18,831 shares of the company’s stock valued at $2,261,000 after acquiring an additional 13,626 shares in the last quarter. Finally, World Equity Group Inc. grew its stake in shares of SPDR Russell 1000 Yield Focus ETF by 101.1% during the second quarter. World Equity Group Inc. now owns 7,526 shares of the company’s stock valued at $964,000 after acquiring an additional 3,783 shares in the last quarter.

SPDR Russell 1000 Yield Focus ETF Trading Down 0.9%

Shares of ONEY traded down $1.12 during midday trading on Friday, reaching $129.40. 3,349 shares of the company were exchanged, compared to its average volume of 26,594. The stock has a 50-day moving average price of $133.13 and a 200-day moving average price of $127.89. The company has a market cap of $529.25 million, a price-to-earnings ratio of 14.77 and a beta of 0.83. SPDR Russell 1000 Yield Focus ETF has a 1-year low of $108.75 and a 1-year high of $136.89.

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.