Northwestern Mutual Wealth Management Co. Sells 4,385 Shares of SPDR Russell 1000 Low Volatility Focus ETF $ONEV

Northwestern Mutual Wealth Management Co. lowered its position in SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) by 12.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,673 shares of the company’s stock after selling 4,385 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Russell 1000 Low Volatility Focus ETF were worth $3,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in ONEV. Allworth Financial LP bought a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth about $29,000. IFP Advisors Inc lifted its stake in SPDR Russell 1000 Low Volatility Focus ETF by 2,256.5% in the fourth quarter. IFP Advisors Inc now owns 542 shares of the company’s stock worth $72,000 after purchasing an additional 519 shares during the last quarter. Larson Financial Group LLC bought a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth about $132,000. Keystone Financial Services LLC lifted its stake in SPDR Russell 1000 Low Volatility Focus ETF by 4.0% in the fourth quarter. Keystone Financial Services LLC now owns 1,954 shares of the company’s stock worth $260,000 after purchasing an additional 75 shares during the last quarter. Finally, SMART Wealth LLC bought a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth about $484,000.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

Shares of NYSEARCA ONEV opened at $141.75 on Friday. The company has a market cap of $508.88 million, a P/E ratio of 18.12 and a beta of 0.81. SPDR Russell 1000 Low Volatility Focus ETF has a 1 year low of $126.46 and a 1 year high of $143.38. The firm has a 50-day simple moving average of $138.17 and a two-hundred day simple moving average of $137.26.

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.