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

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

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

NYSEARCA ONEV traded up $1.73 on Friday, reaching $139.99. The company had a trading volume of 147,945 shares, compared to its average volume of 14,303. The firm has a market capitalization of $531.96 million, a PE ratio of 18.12 and a beta of 0.86. SPDR Russell 1000 Low Volatility Focus ETF has a 1 year low of $117.26 and a 1 year high of $143.38. The firm has a 50-day moving average of $138.07 and a 200-day moving average of $135.55.

Institutional Trading of SPDR Russell 1000 Low Volatility Focus ETF

Hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. increased its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 1.1% in the second quarter. Raymond James Financial Inc. now owns 20,101 shares of the company’s stock worth $2,595,000 after buying an additional 226 shares during the last quarter. Bank of America Corp DE increased its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 4.2% in the second quarter. Bank of America Corp DE now owns 27,598 shares of the company’s stock worth $3,563,000 after buying an additional 1,122 shares during the last quarter. Equitable Holdings Inc. increased its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 2.2% in the second quarter. Equitable Holdings Inc. now owns 36,350 shares of the company’s stock worth $4,693,000 after buying an additional 766 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 288.7% in the second quarter. Tower Research Capital LLC TRC now owns 5,244 shares of the company’s stock worth $677,000 after buying an additional 3,895 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF in the second quarter worth $489,000.

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.