SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Sees Unusually-High Trading Volume – Should You Buy?

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) saw an uptick in trading volume on Friday . 3,713 shares traded hands during trading, a decline of 33% from the previous session’s volume of 5,553 shares.The stock last traded at $127.35 and had previously closed at $126.83.

SPDR Russell 1000 Low Volatility Focus ETF Stock Performance

The stock has a market capitalization of $582.00 million, a PE ratio of 18.96 and a beta of 1.00. The business’s 50-day moving average is $128.03 and its two-hundred day moving average is $128.91.

Institutional Trading of SPDR Russell 1000 Low Volatility Focus ETF

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

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.