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

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,117 shares, an increase of 20.4% from the February 26th total of 1,759 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 4,416 shares, the days-to-cover ratio is presently 0.5 days.

SPDR Russell 1000 Low Volatility Focus ETF Stock Up 0.6%

SPDR Russell 1000 Low Volatility Focus ETF stock traded up $0.85 on Tuesday, hitting $132.87. The company’s stock had a trading volume of 3,740 shares, compared to its average volume of 10,638. SPDR Russell 1000 Low Volatility Focus ETF has a one year low of $113.16 and a one year high of $143.38. The firm has a market cap of $530.15 million, a P/E ratio of 18.12 and a beta of 0.88. The company has a fifty day moving average price of $138.51 and a 200-day moving average price of $135.21.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Ameritas Investment Partners Inc. boosted its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 4.0% during the fourth quarter. Ameritas Investment Partners Inc. now owns 358,735 shares of the company’s stock valued at $47,778,000 after purchasing an additional 13,644 shares in the last quarter. CW Advisors LLC acquired a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF in the 2nd quarter worth approximately $16,623,000. HF Advisory Group LLC raised its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 758.1% in the 4th quarter. HF Advisory Group LLC now owns 106,681 shares of the company’s stock worth $14,208,000 after buying an additional 94,249 shares in the last quarter. Berkeley Inc lifted its position in shares of SPDR Russell 1000 Low Volatility Focus ETF by 5.4% during the 3rd quarter. Berkeley Inc now owns 50,608 shares of the company’s stock worth $6,736,000 after buying an additional 2,596 shares during the period. Finally, Provident Wealth Management LLC lifted its position in shares of SPDR Russell 1000 Low Volatility Focus ETF by 2.1% during the 4th quarter. Provident Wealth Management LLC now owns 40,466 shares of the company’s stock worth $5,390,000 after buying an additional 838 shares during the period.

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.