SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Short Interest Down 66.6% in February

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) saw a significant decline in short interest in February. As of February 27th, there was short interest totaling 1,759 shares, a decline of 66.6% from the February 12th total of 5,271 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,009 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 6,009 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

SPDR Russell 1000 Low Volatility Focus ETF Stock Down 1.0%

NYSEARCA:ONEV traded down $1.33 during midday trading on Thursday, hitting $135.29. The stock had a trading volume of 4,645 shares, compared to its average volume of 10,449. The company has a market capitalization of $539.81 million, a price-to-earnings ratio of 18.12 and a beta of 0.88. The stock has a 50-day moving average of $139.33 and a 200 day moving average of $135.19. SPDR Russell 1000 Low Volatility Focus ETF has a one year low of $113.16 and a one year high of $143.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC acquired a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF during the fourth quarter worth about $133,000. Equitable Holdings Inc. lifted its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 0.5% during the 4th quarter. Equitable Holdings Inc. now owns 36,897 shares of the company’s stock worth $4,914,000 after acquiring an additional 170 shares during the period. Mariner LLC grew its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 10.8% during the 4th quarter. Mariner LLC now owns 12,418 shares of the company’s stock worth $1,654,000 after purchasing an additional 1,210 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth about $36,000. Finally, Avant Capital LLC boosted its position in SPDR Russell 1000 Low Volatility Focus ETF by 9.0% in the 4th quarter. Avant Capital LLC now owns 9,236 shares of the company’s stock valued at $1,230,000 after buying an additional 762 shares during 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.