SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Sees Significant Decrease in Short Interest

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,835 shares, a drop of 59.7% from the July 15th total of 4,558 shares. Based on an average trading volume of 27,332 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

Shares of ONEV opened at $151.19 on Monday. The firm has a market cap of $308.43 million, a PE ratio of 18.12 and a beta of 0.80. The company’s fifty day moving average is $145.79 and its two-hundred day moving average is $141.14. SPDR Russell 1000 Low Volatility Focus ETF has a fifty-two week low of $129.05 and a fifty-two week high of $151.27.

Institutional Trading of SPDR Russell 1000 Low Volatility Focus ETF

Large investors have recently added to or reduced their stakes in the stock. Allworth Financial LP acquired a new stake in SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter valued at $29,000. Kestra Advisory Services LLC acquired a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF in the 4th quarter valued at about $36,000. IFP Advisors Inc grew its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 2,256.5% during the fourth quarter. IFP Advisors Inc now owns 542 shares of the company’s stock valued at $72,000 after purchasing an additional 519 shares during the last quarter. EverSource Wealth Advisors LLC bought a new position in SPDR Russell 1000 Low Volatility Focus ETF during the 1st quarter worth $74,000. Finally, Larson Financial Group LLC acquired a new stake in SPDR Russell 1000 Low Volatility Focus ETF in the fourth quarter worth $132,000.

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.