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

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 3,600 shares, a decrease of 65.4% from the June 15th total of 10,405 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 52,342 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On SPDR Russell 1000 Yield Focus ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Sound Income Strategies LLC bought a new position in shares of SPDR Russell 1000 Yield Focus ETF during the 4th quarter valued at approximately $36,000. Allworth Financial LP purchased a new position in SPDR Russell 1000 Yield Focus ETF during the third quarter worth $49,000. Root Financial Partners LLC purchased a new position in SPDR Russell 1000 Yield Focus ETF during the first quarter worth $64,000. Garton & Associates Financial Advisors LLC bought a new position in SPDR Russell 1000 Yield Focus ETF during the fourth quarter valued at $137,000. Finally, Royal Bank of Canada increased its position in SPDR Russell 1000 Yield Focus ETF by 18.4% during the first quarter. Royal Bank of Canada now owns 1,504 shares of the company’s stock valued at $181,000 after acquiring an additional 234 shares during the last quarter.

SPDR Russell 1000 Yield Focus ETF Stock Performance

ONEY opened at $130.16 on Monday. The firm has a market cap of $731.50 million, a P/E ratio of 14.77 and a beta of 0.83. SPDR Russell 1000 Yield Focus ETF has a 12 month low of $108.15 and a 12 month high of $132.06. The stock has a 50-day moving average of $127.94 and a 200 day moving average of $123.54.

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.