SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Reaches New 52-Week Low – Time to Sell?

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) shares reached a new 52-week low during trading on Monday . The stock traded as low as $113.16 and last traded at $113.16, with a volume of 2479 shares. The stock had previously closed at $117.77.

SPDR Russell 1000 Low Volatility Focus ETF Trading Down 1.7 %

The firm has a market capitalization of $531.57 million, a P/E ratio of 18.78 and a beta of 0.99. The stock has a 50-day simple moving average of $127.51 and a two-hundred day simple moving average of $128.79.

SPDR Russell 1000 Low Volatility Focus ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a $0.5077 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ONEV. Farther Finance Advisors LLC bought a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF during the fourth quarter valued at approximately $87,000. Jones Financial Companies Lllp boosted its position in SPDR Russell 1000 Low Volatility Focus ETF by 95.8% during the 4th quarter. Jones Financial Companies Lllp now owns 2,912 shares of the company’s stock valued at $365,000 after acquiring an additional 1,425 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 16.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 7,261 shares of the company’s stock valued at $911,000 after acquiring an additional 1,051 shares during the period. SOA Wealth Advisors LLC. lifted its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 12.9% during the 4th quarter. SOA Wealth Advisors LLC. now owns 7,833 shares of the company’s stock worth $983,000 after purchasing an additional 895 shares during the last quarter. Finally, Fifth Third Securities Inc. boosted its position in SPDR Russell 1000 Low Volatility Focus ETF by 64.0% during the fourth quarter. Fifth Third Securities Inc. now owns 15,773 shares of the company’s stock valued at $1,979,000 after purchasing an additional 6,156 shares in the last quarter.

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.