SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Sees Strong Trading Volume – Still a Buy?

Shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) saw an uptick in trading volume on Wednesday . 22,506 shares changed hands during trading, a decline of 0% from the previous session’s volume of 22,564 shares.The stock last traded at $112.82 and had previously closed at $112.36.

SPDR Russell 1000 Yield Focus ETF Stock Performance

The business’s fifty day moving average is $110.67 and its 200-day moving average is $111.58. The firm has a market cap of $819.65 million, a P/E ratio of 15.80 and a beta of 1.13.

Institutional Investors Weigh In On SPDR Russell 1000 Yield Focus ETF

A number of institutional investors have recently modified their holdings of the company. Strategic Financial Concepts LLC lifted its position in shares of SPDR Russell 1000 Yield Focus ETF by 10,847.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 840,577 shares of the company’s stock valued at $91,508,000 after acquiring an additional 832,899 shares during the period. Ameriprise Financial Inc. boosted its position in shares of SPDR Russell 1000 Yield Focus ETF by 22.6% during the fourth quarter. Ameriprise Financial Inc. now owns 771,146 shares of the company’s stock valued at $83,938,000 after buying an additional 142,354 shares during the last quarter. LPL Financial LLC boosted its holdings in SPDR Russell 1000 Yield Focus ETF by 4.0% during the fourth quarter. LPL Financial LLC now owns 619,251 shares of the company’s stock worth $67,413,000 after purchasing an additional 23,664 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in SPDR Russell 1000 Yield Focus ETF in the 4th quarter valued at about $22,351,000. Finally, Mariner LLC boosted its position in SPDR Russell 1000 Yield Focus ETF by 4.1% in the fourth quarter. Mariner LLC now owns 162,107 shares of the company’s stock worth $17,647,000 after purchasing an additional 6,396 shares during the last quarter.

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.