Collaborative Wealth Managment Inc. Boosts Stake in SPDR Russell 1000 Yield Focus ETF $ONEY

Collaborative Wealth Managment Inc. grew its stake in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 17.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,858 shares of the company’s stock after acquiring an additional 5,533 shares during the quarter. SPDR Russell 1000 Yield Focus ETF comprises about 2.1% of Collaborative Wealth Managment Inc.’s portfolio, making the stock its 14th biggest position. Collaborative Wealth Managment Inc. owned approximately 0.56% of SPDR Russell 1000 Yield Focus ETF worth $4,545,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Moulton Wealth Management Inc. purchased a new stake in shares of SPDR Russell 1000 Yield Focus ETF during the 4th quarter worth $22,545,000. Ameriprise Financial Inc. grew its stake in SPDR Russell 1000 Yield Focus ETF by 8.9% in the second quarter. Ameriprise Financial Inc. now owns 1,270,103 shares of the company’s stock valued at $137,039,000 after purchasing an additional 103,997 shares during the last quarter. Kestra Investment Management LLC grew its stake in SPDR Russell 1000 Yield Focus ETF by 37.8% in the fourth quarter. Kestra Investment Management LLC now owns 363,542 shares of the company’s stock valued at $41,284,000 after purchasing an additional 99,754 shares during the last quarter. Holos Integrated Wealth LLC bought a new position in SPDR Russell 1000 Yield Focus ETF in the fourth quarter worth about $5,286,000. Finally, Savvy Advisors Inc. bought a new position in SPDR Russell 1000 Yield Focus ETF in the fourth quarter worth about $3,085,000.

SPDR Russell 1000 Yield Focus ETF Stock Performance

ONEY stock opened at $129.36 on Thursday. The firm has a market cap of $727.00 million, a price-to-earnings ratio of 14.77 and a beta of 0.83. The firm has a 50-day simple moving average of $128.18 and a two-hundred day simple moving average of $123.87. SPDR Russell 1000 Yield Focus ETF has a one year low of $108.15 and a one year high of $132.06.

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.