SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Reaches New 52-Week High – Here’s What Happened
by Jessica Moore · The Cerbat GemSPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $136.16 and last traded at $136.15, with a volume of 4908 shares changing hands. The stock had previously closed at $135.15.
SPDR Russell 1000 Low Volatility Focus ETF Stock Performance
The firm has a market cap of $569.62 million, a price-to-earnings ratio of 18.12 and a beta of 0.88. The business has a fifty day simple moving average of $133.33 and a 200-day simple moving average of $132.31.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC bought a new stake in SPDR Russell 1000 Low Volatility Focus ETF during the 2nd quarter worth approximately $37,000. Nova Wealth Management Inc. lifted its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 25.3% during the second quarter. Nova Wealth Management Inc. now owns 401 shares of the company’s stock worth $52,000 after purchasing an additional 81 shares during the period. Keystone Financial Services LLC bought a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF in the second quarter worth $242,000. Argyle Capital Partners LLC grew its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 32.4% in the second quarter. Argyle Capital Partners LLC now owns 2,229 shares of the company’s stock worth $288,000 after purchasing an additional 545 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the second quarter valued at $489,000.
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.