SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Hits New 12-Month High – Here’s Why

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $510.86 and last traded at $113.2450, with a volume of 126 shares trading hands. The stock had previously closed at $112.97.

SPDR Russell 1000 Yield Focus ETF Stock Performance

The firm has a fifty day simple moving average of $112.82 and a two-hundred day simple moving average of $110.83. The firm has a market cap of $819.84 million, a PE ratio of 14.77 and a beta of 0.96.

Institutional Investors Weigh In On SPDR Russell 1000 Yield Focus ETF

A number of hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. increased its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 8.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,270,103 shares of the company’s stock worth $137,039,000 after buying an additional 103,997 shares during the last quarter. Kestra Investment Management LLC increased its stake in SPDR Russell 1000 Yield Focus ETF by 525.4% during the first quarter. Kestra Investment Management LLC now owns 421,115 shares of the company’s stock worth $46,001,000 after acquiring an additional 353,776 shares during the last quarter. Raymond James Financial Inc. raised its position in SPDR Russell 1000 Yield Focus ETF by 2.5% during the third quarter. Raymond James Financial Inc. now owns 196,311 shares of the company’s stock valued at $22,214,000 after purchasing an additional 4,791 shares during the period. Lebenthal Global Advisors LLC lifted its stake in shares of SPDR Russell 1000 Yield Focus ETF by 1.5% in the 3rd quarter. Lebenthal Global Advisors LLC now owns 115,155 shares of the company’s stock valued at $13,031,000 after purchasing an additional 1,726 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of SPDR Russell 1000 Yield Focus ETF by 21.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 70,256 shares of the company’s stock valued at $7,950,000 after purchasing an additional 12,480 shares during the last quarter.

SPDR Russell 1000 Yield Focus ETF Company Profile

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.