SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Reaches New 52-Week High – Here’s Why

SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY – Get Free Report) hit a new 52-week high on Wednesday. The stock traded as high as $137.72 and last traded at $137.6190, with a volume of 3,439 shares changing hands. The stock had previously closed at $134.69.

SPDR Russell 1000 Yield Focus ETF Price Performance

The stock has a market capitalization of $686.35 million, a P/E ratio of 14.77 and a beta of 0.83. The business’s 50 day simple moving average is $130.17 and its 200-day simple moving average is $127.27.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Root Financial Partners LLC acquired a new position in SPDR Russell 1000 Yield Focus ETF during the first quarter valued at approximately $64,000. Continuum Advisory LLC bought a new stake in SPDR Russell 1000 Yield Focus ETF in the second quarter valued at approximately $137,000. Royal Bank of Canada raised its holdings in SPDR Russell 1000 Yield Focus ETF by 18.4% in the first quarter. Royal Bank of Canada now owns 1,504 shares of the company’s stock worth $181,000 after purchasing an additional 234 shares during the period. Rodgers & Associates LTD acquired a new stake in SPDR Russell 1000 Yield Focus ETF in the second quarter worth $210,000. Finally, RDA Financial Network boosted its position in shares of SPDR Russell 1000 Yield Focus ETF by 8.2% during the second quarter. RDA Financial Network now owns 2,037 shares of the company’s stock worth $261,000 after purchasing an additional 155 shares in the last quarter.

About SPDR Russell 1000 Yield Focus ETF

(Get Free Report)

The SPDR Russell 1000 Yield Focus ETF (ONEY) is an exchange-traded fund that is based on the Russell 1000 Yield Focused Factor index. 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. ONEY was launched on Dec 2, 2015 and is managed by State Street.

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