SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Trading 0.3% Higher – Should You Buy?

Shares of SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) were up 0.3% during mid-day trading on Thursday . The company traded as high as $127.37 and last traded at $127.37. Approximately 6,910 shares changed hands during trading, a decline of 39% from the average daily volume of 11,292 shares. The stock had previously closed at $126.95.

SPDR Russell 1000 Low Volatility Focus ETF Stock Performance

The company has a 50 day moving average price of $130.67 and a 200 day moving average price of $126.43. The company has a market capitalization of $674.09 million, a price-to-earnings ratio of 18.55 and a beta of 0.79.

Institutional Trading of SPDR Russell 1000 Low Volatility Focus ETF

A hedge fund recently raised its stake in SPDR Russell 1000 Low Volatility Focus ETF stock. Grey Fox Wealth Advisors LLC boosted its position in SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) by 13.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 3,800 shares of the company’s stock after purchasing an additional 437 shares during the period. Grey Fox Wealth Advisors LLC owned about 0.07% of SPDR Russell 1000 Low Volatility Focus ETF worth $493,000 as of its most recent SEC filing.

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.