Short Interest in SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Declines By 26.5%

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) saw a large drop in short interest in March. As of March 31st, there was short interest totaling 1,557 shares, a drop of 26.5% from the March 15th total of 2,117 shares. Based on an average daily trading volume, of 19,975 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

NYSEARCA ONEV traded down $0.68 during trading hours on Wednesday, hitting $137.57. The company’s stock had a trading volume of 5,524 shares, compared to its average volume of 11,144. SPDR Russell 1000 Low Volatility Focus ETF has a 12 month low of $117.26 and a 12 month high of $143.38. The company’s 50 day simple moving average is $138.10 and its two-hundred day simple moving average is $135.53. The company has a market cap of $522.77 million, a P/E ratio of 18.12 and a beta of 0.86.

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

Large investors have recently made changes to their positions in the company. Allworth Financial LP bought a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter valued at about $29,000. Kestra Advisory Services LLC bought a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter valued at $36,000. IFP Advisors Inc grew its position in shares of SPDR Russell 1000 Low Volatility Focus ETF by 2,256.5% during the 4th quarter. IFP Advisors Inc now owns 542 shares of the company’s stock valued at $72,000 after acquiring an additional 519 shares during the period. Larson Financial Group LLC bought a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter valued at $132,000. Finally, Empowered Funds LLC bought a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter valued at $133,000.

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.