SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Shares Down 0.8% – Here’s What Happened

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) shares fell 0.8% on Wednesday. The company traded as low as $139.87 and last traded at $139.96. 5,516 shares changed hands during trading, a decline of 68% from the average daily volume of 16,993 shares. The stock had previously closed at $141.03.

SPDR Russell 1000 Low Volatility Focus ETF Stock Performance

The business’s 50 day moving average price is $146.78 and its 200-day moving average price is $142.80. The company has a market cap of $268.72 million, a price-to-earnings ratio of 18.12 and a beta of 0.80.

Institutional Investors Weigh In On SPDR Russell 1000 Low Volatility Focus ETF

Several large investors have recently modified their holdings of ONEV. Phillip James Consulting Co. bought a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the first quarter valued at $579,000. Diversify Wealth Management LLC acquired a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF in the 1st quarter valued at $589,000. Ameritas Investment Partners Inc. grew its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 4.0% in the 4th quarter. Ameritas Investment Partners Inc. now owns 358,735 shares of the company’s stock worth $47,778,000 after purchasing an additional 13,644 shares during the last quarter. Pacific Sun Financial Corp increased its position in shares of SPDR Russell 1000 Low Volatility Focus ETF by 7.4% during the 1st quarter. Pacific Sun Financial Corp now owns 6,985 shares of the company’s stock worth $937,000 after purchasing an additional 480 shares in the last quarter. Finally, Provident Wealth Management LLC lifted its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 0.4% during the 1st quarter. Provident Wealth Management LLC now owns 40,630 shares of the company’s stock valued at $5,451,000 after purchasing an additional 164 shares during 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.