SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Shares Up 0.6% – Here’s What Happened

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) shares rose 0.6% during trading on Monday . The company traded as high as $138.10 and last traded at $138.09. Approximately 4,838 shares traded hands during trading, a decline of 71% from the average daily volume of 16,516 shares. The stock had previously closed at $137.29.

SPDR Russell 1000 Low Volatility Focus ETF Stock Up 0.6%

The firm has a market cap of $550.98 million, a price-to-earnings ratio of 18.12 and a beta of 0.88. The business has a 50 day moving average price of $135.69 and a 200-day moving average price of $133.36.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Keystone Financial Services LLC purchased a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF in the second quarter valued at $242,000. Argyle Capital Partners LLC lifted its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 32.4% in the 2nd quarter. Argyle Capital Partners LLC now owns 2,229 shares of the company’s stock worth $288,000 after buying an additional 545 shares in the last quarter. SMART Wealth LLC acquired a new position in SPDR Russell 1000 Low Volatility Focus ETF in the 4th quarter worth $484,000. B. Riley Wealth Advisors Inc. purchased a new position in SPDR Russell 1000 Low Volatility Focus ETF in the 2nd quarter valued at about $489,000. Finally, Diversify Advisory Services LLC purchased a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF during the fourth quarter worth about $569,000.

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.