SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Reaches New 12-Month High – What’s Next?

Shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) reached a new 52-week high on Thursday . The stock traded as high as $120.73 and last traded at $120.9950, with a volume of 666 shares trading hands. The stock had previously closed at $120.59.

SPDR Russell 1000 Yield Focus ETF Stock Performance

The company’s fifty day simple moving average is $114.99 and its 200-day simple moving average is $113.41. The company has a market capitalization of $833.52 million, a P/E ratio of 14.77 and a beta of 0.96.

Hedge Funds Weigh In On SPDR Russell 1000 Yield Focus ETF

A number of large investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in SPDR Russell 1000 Yield Focus ETF during the 1st quarter valued at $271,000. FMA Wealth Management LLC lifted 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 purchasing an additional 858 shares during the last quarter. Fifth Third Securities Inc. boosted its position in SPDR Russell 1000 Yield Focus ETF by 17.1% during the second quarter. Fifth Third Securities Inc. now owns 10,493 shares of the company’s stock valued at $1,136,000 after purchasing an additional 1,531 shares in the last quarter. XML Financial LLC boosted its position in SPDR Russell 1000 Yield Focus ETF by 12.7% during the second quarter. XML Financial LLC now owns 2,535 shares of the company’s stock valued at $274,000 after purchasing an additional 286 shares in the last quarter. Finally, Valmark Advisers Inc. grew its stake in SPDR Russell 1000 Yield Focus ETF by 7.2% in the second quarter. Valmark Advisers Inc. now owns 2,424 shares of the company’s stock valued at $262,000 after purchasing an additional 163 shares during the last quarter.

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.