SPDR Russell 1000 Low Volatility Focus ETF $ONEV Stock: Berkeley Inc Cuts Holdings

Berkeley Inc lowered its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) by 32.9% in the third quarter, HoldingsChannel reports. The firm owned 35,629 shares of the company’s stock after selling 17,503 shares during the period. SPDR Russell 1000 Low Volatility Focus ETF makes up 1.5% of Berkeley Inc’s portfolio, making the stock its 26th largest position. Berkeley Inc’s holdings in SPDR Russell 1000 Low Volatility Focus ETF were worth $4,950,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ONEV. Phillip James Consulting Co. acquired a new position in SPDR Russell 1000 Low Volatility Focus ETF during the first quarter worth approximately $579,000. Diversify Wealth Management LLC acquired a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF in the first quarter valued at approximately $589,000. Cetera Investment Advisers lifted its position in shares of SPDR Russell 1000 Low Volatility Focus ETF by 8.3% in the first quarter. Cetera Investment Advisers now owns 46,038 shares of the company’s stock valued at $6,177,000 after buying an additional 3,523 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF in the third quarter valued at approximately $478,000. Finally, Kirkwood Financial Services acquired a new stake in shares of SPDR Russell 1000 Low Volatility Focus ETF in the second quarter valued at approximately $327,000.

SPDR Russell 1000 Low Volatility Focus ETF Trading Up 1.4%

Shares of NYSEARCA ONEV opened at $147.73 on Wednesday. SPDR Russell 1000 Low Volatility Focus ETF has a 12 month low of $129.05 and a 12 month high of $151.87. The stock has a 50 day moving average of $145.83 and a 200-day moving average of $143.51. The company has a market capitalization of $282.16 million, a P/E ratio of 18.12 and a beta of 0.80.

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.