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

Shares of SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) saw unusually-strong trading volume on Friday . Approximately 11,629 shares traded hands during mid-day trading, an increase of 58% from the previous session’s volume of 7,349 shares.The stock last traded at $132.18 and had previously closed at $133.69.

SPDR Russell 1000 Low Volatility Focus ETF Trading Down 1.6%

The company’s fifty day moving average is $132.67 and its 200 day moving average is $128.60. The company has a market capitalization of $572.18 million, a P/E ratio of 18.12 and a beta of 0.96.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ONEV. Ameritas Investment Partners Inc. lifted its stake in SPDR Russell 1000 Low Volatility Focus ETF by 3.7% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 323,482 shares of the company’s stock worth $41,761,000 after purchasing an additional 11,547 shares in the last quarter. CW Advisors LLC purchased a new position in SPDR Russell 1000 Low Volatility Focus ETF in the 2nd quarter worth $16,623,000. Integrated Capital Management LLC grew its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 5.2% in the 2nd quarter. Integrated Capital Management LLC now owns 55,485 shares of the company’s stock worth $7,162,000 after acquiring an additional 2,748 shares during the last quarter. Equitable Holdings Inc. grew its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 2.2% in the 2nd quarter. Equitable Holdings Inc. now owns 36,350 shares of the company’s stock worth $4,693,000 after acquiring an additional 766 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 6.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,676 shares of the company’s stock worth $4,348,000 after acquiring an additional 2,170 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.