SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Sees Large Decrease in Short Interest

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,188 shares, a decline of 63.2% from the December 15th total of 3,229 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 35,562 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 35,562 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR Russell 1000 Yield Focus ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new position in shares of SPDR Russell 1000 Yield Focus ETF in the 1st quarter valued at $271,000. Pallas Capital Advisors LLC lifted its position in SPDR Russell 1000 Yield Focus ETF by 3.7% in the second quarter. Pallas Capital Advisors LLC now owns 37,319 shares of the company’s stock valued at $4,040,000 after purchasing an additional 1,328 shares during the period. Family Investment Center Inc. boosted its holdings in SPDR Russell 1000 Yield Focus ETF by 2.7% during the second quarter. Family Investment Center Inc. now owns 36,674 shares of the company’s stock worth $3,971,000 after buying an additional 975 shares in the last quarter. FMA Wealth Management LLC raised its stake in shares of SPDR Russell 1000 Yield Focus ETF by 2.3% during the 2nd quarter. FMA Wealth Management LLC now owns 37,594 shares of the company’s stock worth $4,070,000 after buying an additional 858 shares during the last quarter. Finally, Fifth Third Securities Inc. grew its holdings in SPDR Russell 1000 Yield Focus ETF by 17.1% during the 2nd quarter. Fifth Third Securities Inc. now owns 10,493 shares of the company’s stock valued at $1,136,000 after buying an additional 1,531 shares during the last quarter.

SPDR Russell 1000 Yield Focus ETF Stock Performance

ONEY traded down $0.51 during trading on Friday, reaching $119.96. 8,302 shares of the stock were exchanged, compared to its average volume of 37,854. SPDR Russell 1000 Yield Focus ETF has a twelve month low of $94.39 and a twelve month high of $120.64. The stock has a market cap of $852.92 million, a P/E ratio of 14.77 and a beta of 0.96. The stock’s 50 day moving average price is $114.40 and its two-hundred day moving average price is $113.15.

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.