SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Sees Large Volume Increase – Here’s What Happened

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) shares saw unusually-strong trading volume on Thursday . Approximately 4,901 shares were traded during mid-day trading, a decline of 18% from the previous session’s volume of 5,943 shares.The stock last traded at $124.29 and had previously closed at $125.45.

SPDR Russell 1000 Low Volatility Focus ETF Stock Performance

The firm has a market capitalization of $566.27 million, a P/E ratio of 19.02 and a beta of 0.99. The stock has a 50 day moving average of $128.08 and a two-hundred day moving average of $128.94.

Institutional Investors Weigh In On SPDR Russell 1000 Low Volatility Focus ETF

Several hedge funds and other institutional investors have recently made changes to their positions in ONEV. Farther Finance Advisors LLC purchased a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF in the 4th quarter valued at about $87,000. Jones Financial Companies Lllp lifted its position in SPDR Russell 1000 Low Volatility Focus ETF by 95.8% in the 4th quarter. Jones Financial Companies Lllp now owns 2,912 shares of the company’s stock worth $365,000 after buying an additional 1,425 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its stake in SPDR Russell 1000 Low Volatility Focus ETF by 16.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 7,261 shares of the company’s stock worth $911,000 after buying an additional 1,051 shares in the last quarter. SOA Wealth Advisors LLC. raised its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 12.9% during the fourth quarter. SOA Wealth Advisors LLC. now owns 7,833 shares of the company’s stock worth $983,000 after acquiring an additional 895 shares in the last quarter. Finally, Fifth Third Securities Inc. boosted its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 64.0% in the 4th quarter. Fifth Third Securities Inc. now owns 15,773 shares of the company’s stock valued at $1,979,000 after purchasing an additional 6,156 shares in the last quarter.

About SPDR Russell 1000 Low Volatility Focus ETF

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.