Ameriprise Financial Inc. Increases Position in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)

Ameriprise Financial Inc. lifted its holdings in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 22.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 771,146 shares of the company’s stock after buying an additional 142,354 shares during the quarter. Ameriprise Financial Inc. owned approximately 10.23% of SPDR Russell 1000 Yield Focus ETF worth $83,938,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ONEY. Wells Fargo & Company MN purchased a new stake in SPDR Russell 1000 Yield Focus ETF in the fourth quarter worth $117,000. Tower Research Capital LLC TRC grew its holdings in shares of SPDR Russell 1000 Yield Focus ETF by 6.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,918 shares of the company’s stock worth $209,000 after purchasing an additional 116 shares during the last quarter. Cornerstone Wealth Management LLC purchased a new position in SPDR Russell 1000 Yield Focus ETF in the 4th quarter worth about $221,000. RDA Financial Network lifted its holdings in SPDR Russell 1000 Yield Focus ETF by 14.5% during the 4th quarter. RDA Financial Network now owns 2,176 shares of the company’s stock valued at $237,000 after buying an additional 275 shares in the last quarter. Finally, Meriwether Wealth & Planning LLC purchased a new stake in SPDR Russell 1000 Yield Focus ETF in the 4th quarter valued at about $268,000.

SPDR Russell 1000 Yield Focus ETF Stock Performance

Shares of NYSEARCA:ONEY opened at $105.53 on Friday. The firm’s 50 day simple moving average is $105.14 and its 200-day simple moving average is $109.68. SPDR Russell 1000 Yield Focus ETF has a one year low of $94.39 and a one year high of $118.17. The firm has a market cap of $796.75 million, a PE ratio of 15.20 and a beta of 0.98.

SPDR Russell 1000 Yield Focus ETF Company Profile

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.