Short Interest in SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Decreases By 40.5%

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,952 shares, a decrease of 40.5% from the August 15th total of 3,282 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 4,002 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC acquired a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 2nd quarter worth approximately $67,000. NewEdge Advisors LLC lifted its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 1.1% during the 2nd quarter. NewEdge Advisors LLC now owns 8,996 shares of the company’s stock valued at $1,287,000 after purchasing an additional 94 shares during the last quarter. Citadel Advisors LLC lifted its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 80.3% during the 2nd quarter. Citadel Advisors LLC now owns 2,949 shares of the company’s stock valued at $422,000 after purchasing an additional 1,313 shares during the last quarter. Kirkwood Financial Services bought a new position in SPDR Russell 1000 Low Volatility Focus ETF during the second quarter worth $327,000. Finally, SMART Wealth LLC boosted its position in SPDR Russell 1000 Low Volatility Focus ETF by 2.7% during the second quarter. SMART Wealth LLC now owns 3,747 shares of the company’s stock worth $536,000 after purchasing an additional 97 shares during the period.

SPDR Russell 1000 Low Volatility Focus ETF Stock Performance

SPDR Russell 1000 Low Volatility Focus ETF stock traded up $0.13 during midday trading on Thursday, reaching $144.99. 820 shares of the company’s stock were exchanged, compared to its average volume of 18,052. SPDR Russell 1000 Low Volatility Focus ETF has a 52 week low of $129.05 and a 52 week high of $151.87. The firm has a market cap of $149.34 million, a price-to-earnings ratio of 18.12 and a beta of 0.80. The stock’s 50-day simple moving average is $148.39 and its 200 day simple moving average is $142.50.

SPDR Russell 1000 Low Volatility Focus ETF Company Profile

The SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is an exchange-traded fund that mostly invests in large cap equity. 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. ONEV was launched on Dec 2, 2015 and is managed by State Street.