SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Short Interest Update

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,677 shares, a growth of 41.2% from the December 31st total of 1,188 shares. Based on an average trading volume of 40,879 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 40,879 shares, the days-to-cover ratio is presently 0.0 days.

SPDR Russell 1000 Yield Focus ETF Price Performance

ONEY stock traded up $0.63 on Monday, reaching $120.11. 8,074 shares of the company were exchanged, compared to its average volume of 24,284. The firm has a market capitalization of $826.36 million, a PE ratio of 14.77 and a beta of 0.96. SPDR Russell 1000 Yield Focus ETF has a 12 month low of $94.39 and a 12 month high of $121.15. The stock’s fifty day moving average price is $116.43 and its 200 day moving average price is $113.93.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ONEY. Fifth Third Securities Inc. grew its position in SPDR Russell 1000 Yield Focus ETF by 1.1% during the fourth quarter. Fifth Third Securities Inc. now owns 10,574 shares of the company’s stock worth $1,201,000 after buying an additional 120 shares in the last quarter. Leavell Investment Management Inc. lifted its position in shares of SPDR Russell 1000 Yield Focus ETF by 0.9% in the 2nd quarter. Leavell Investment Management Inc. now owns 17,144 shares of the company’s stock worth $1,856,000 after acquiring an additional 145 shares during the period. Valmark Advisers Inc. grew its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 7.2% during the 2nd quarter. Valmark Advisers Inc. now owns 2,424 shares of the company’s stock worth $262,000 after purchasing an additional 163 shares in the last quarter. World Equity Group Inc. increased its position in shares of SPDR Russell 1000 Yield Focus ETF by 4.5% during the fourth quarter. World Equity Group Inc. now owns 3,764 shares of the company’s stock valued at $427,000 after purchasing an additional 163 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of SPDR Russell 1000 Yield Focus ETF by 7.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,911 shares of the company’s stock valued at $330,000 after purchasing an additional 199 shares during the period.

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.