SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Sets New 12-Month High at $124.60

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) hit a new 52-week high on Friday . The company traded as high as $124.60 and last traded at $124.60, with a volume of 1199 shares traded. The stock had previously closed at $122.30.

SPDR Russell 1000 Low Volatility Focus ETF Stock Performance

The stock has a market capitalization of $662.79 million, a PE ratio of 18.55 and a beta of 0.79. The business has a 50 day moving average of $119.58 and a two-hundred day moving average of $118.62.

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

A number of hedge funds have recently made changes to their positions in ONEV. SOA Wealth Advisors LLC. lifted its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 6.3% during the 1st quarter. SOA Wealth Advisors LLC. now owns 8,168 shares of the company’s stock worth $1,014,000 after purchasing an additional 481 shares during the last quarter. Fifth Third Securities Inc. raised its stake in SPDR Russell 1000 Low Volatility Focus ETF by 30.4% in the second quarter. Fifth Third Securities Inc. now owns 10,079 shares of the company’s stock valued at $1,191,000 after buying an additional 2,348 shares during the last quarter. Finally, Financial Freedom LLC raised its stake in SPDR Russell 1000 Low Volatility Focus ETF by 4.4% in the fourth quarter. Financial Freedom LLC now owns 11,452 shares of the company’s stock valued at $1,310,000 after buying an additional 485 shares during the last quarter.

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.