SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Short Interest Update

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 3,282 shares, a growth of 78.9% from the July 30th total of 1,835 shares. Based on an average trading volume of 2,994 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.2% of the company’s shares are sold short.

SPDR Russell 1000 Low Volatility Focus ETF Stock Down 0.0%

NYSEARCA ONEV traded down $0.04 during trading on Friday, reaching $150.45. 2,783 shares of the stock traded hands, compared to its average volume of 18,662. SPDR Russell 1000 Low Volatility Focus ETF has a fifty-two week low of $129.05 and a fifty-two week high of $151.87. The firm has a market cap of $306.92 million, a price-to-earnings ratio of 18.12 and a beta of 0.80. The stock’s 50-day moving average price is $147.44 and its 200 day moving average price is $141.97.

Institutional Trading of SPDR Russell 1000 Low Volatility Focus ETF

A number of large investors have recently made changes to their positions in ONEV. Allworth Financial LP bought a new position in SPDR Russell 1000 Low Volatility Focus ETF during the fourth quarter worth about $29,000. Kestra Advisory Services LLC bought a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth about $36,000. IFP Advisors Inc raised its position in shares of SPDR Russell 1000 Low Volatility Focus ETF by 2,256.5% during the fourth quarter. IFP Advisors Inc now owns 542 shares of the company’s stock worth $72,000 after purchasing an additional 519 shares during the period. EverSource Wealth Advisors LLC bought a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 1st quarter valued at about $74,000. Finally, Larson Financial Group LLC bought a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter valued at about $132,000.

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.