SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Sees Large Volume Increase

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) saw unusually-strong trading volume on Thursday . Approximately 103,896 shares were traded during mid-day trading, an increase of 1,200% from the previous session’s volume of 7,994 shares.The stock last traded at $125.41 and had previously closed at $125.34.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

The firm’s 50 day simple moving average is $123.93 and its 200-day simple moving average is $121.18. The company has a market cap of $679.37 million, a price-to-earnings ratio of 18.55 and a beta of 0.79.

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

An institutional investor recently raised its position in SPDR Russell 1000 Low Volatility Focus ETF stock. SOA Wealth Advisors LLC. boosted its holdings in SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) by 6.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,168 shares of the company’s stock after purchasing an additional 481 shares during the quarter. SOA Wealth Advisors LLC. owned about 0.16% of SPDR Russell 1000 Low Volatility Focus ETF worth $1,014,000 at the end of the most recent 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.