SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Short Interest Update

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 3,282 shares, a growth of 78.9% from the July 30th total of 1,835 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 2,994 shares, the short-interest ratio is currently 1.1 days.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

Shares of SPDR Russell 1000 Low Volatility Focus ETF stock traded down $0.04 on Friday, hitting $150.45. The company had a trading volume of 2,783 shares, compared to its average volume of 18,662. The firm has a market capitalization of $306.92 million, a P/E ratio of 18.12 and a beta of 0.80. SPDR Russell 1000 Low Volatility Focus ETF has a twelve month low of $129.05 and a twelve month high of $151.87. The stock has a 50-day moving average of $147.44 and a 200-day moving average of $141.97.

Hedge Funds Weigh In On SPDR Russell 1000 Low Volatility Focus ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ONEV. Diversify Wealth Management LLC acquired a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF during the first quarter worth about $589,000. Phillip James Consulting Co. acquired a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the 1st quarter valued at approximately $579,000. Ameritas Advisory Services LLC lifted its stake in SPDR Russell 1000 Low Volatility Focus ETF by 1,998.9% in the 4th quarter. Ameritas Advisory Services LLC now owns 21,829 shares of the company’s stock valued at $2,907,000 after acquiring an additional 20,789 shares in the last quarter. Fisher Asset Management LLC bought a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the 4th quarter valued at approximately $1,045,000. Finally, Ameritas Investment Partners Inc. boosted its position in SPDR Russell 1000 Low Volatility Focus ETF by 4.0% during the 4th quarter. Ameritas Investment Partners Inc. now owns 358,735 shares of the company’s stock worth $47,778,000 after acquiring an additional 13,644 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.