SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Short Interest Update

SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 3,282 shares, a growth of 78.9% from the July 30th total of 1,835 shares. Based on an average daily volume of 2,994 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.2% of the shares of the stock are short sold.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

NYSEARCA:ONEV traded up $0.45 on Tuesday, reaching $149.65. The stock had a trading volume of 918 shares, compared to its average volume of 18,458. SPDR Russell 1000 Low Volatility Focus ETF has a 12-month low of $129.05 and a 12-month high of $151.87. The company has a market cap of $305.29 million, a price-to-earnings ratio of 18.12 and a beta of 0.80. The firm’s fifty day moving average is $147.61 and its two-hundred day moving average is $142.02.

Hedge Funds Weigh In On SPDR Russell 1000 Low Volatility Focus ETF

Institutional investors and hedge funds have recently modified their holdings of the company. SMART Wealth LLC boosted its position in SPDR Russell 1000 Low Volatility Focus ETF by 2.7% during the second quarter. SMART Wealth LLC now owns 3,747 shares of the company’s stock worth $536,000 after acquiring an additional 97 shares during the last quarter. Provident Wealth Management LLC raised its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 0.4% in the 1st quarter. Provident Wealth Management LLC now owns 40,630 shares of the company’s stock valued at $5,451,000 after acquiring an additional 164 shares during the last quarter. Equitable Holdings Inc. raised its holdings in SPDR Russell 1000 Low Volatility Focus ETF by 0.5% in the 4th quarter. Equitable Holdings Inc. now owns 36,897 shares of the company’s stock valued at $4,914,000 after acquiring an additional 170 shares during the last quarter. Ausdal Financial Partners Inc. lifted its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 0.8% during the 4th quarter. Ausdal Financial Partners Inc. now owns 25,414 shares of the company’s stock worth $3,385,000 after purchasing an additional 205 shares during the period. Finally, Allworth Financial LP purchased a new position in shares of SPDR Russell 1000 Low Volatility Focus ETF during the 4th quarter worth $29,000.

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.