SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Reaches New 1-Year High – What’s Next?

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $136.37 and last traded at $136.04, with a volume of 2358 shares changing hands. The stock had previously closed at $133.99.

SPDR Russell 1000 Yield Focus ETF Price Performance

The stock has a market cap of $682.86 million, a P/E ratio of 14.77 and a beta of 0.83. The company has a fifty day moving average price of $131.39 and a 200 day moving average price of $126.67.

Institutional Trading of SPDR Russell 1000 Yield Focus ETF

Several hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC acquired a new position in SPDR Russell 1000 Yield Focus ETF during the first quarter worth $64,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of SPDR Russell 1000 Yield Focus ETF during the fourth quarter valued at about $137,000. Royal Bank of Canada grew its holdings in shares of 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 buying an additional 234 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of SPDR Russell 1000 Yield Focus ETF during the fourth quarter worth about $220,000. Finally, Berkshire Asset Management LLC PA bought a new stake in shares of SPDR Russell 1000 Yield Focus ETF during the fourth quarter worth about $227,000.

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.