Envestnet Asset Management Inc. Lowers Holdings in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)

Envestnet Asset Management Inc. reduced its stake in shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 4.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,116 shares of the company’s stock after selling 4,012 shares during the period. Envestnet Asset Management Inc. owned 1.04% of SPDR Russell 1000 Yield Focus ETF worth $8,104,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Family Asset Management LLC purchased a new stake in SPDR Russell 1000 Yield Focus ETF during the second quarter valued at about $46,000. Benjamin F. Edwards & Company Inc. grew its stake in SPDR Russell 1000 Yield Focus ETF by 33.2% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 437 shares of the company’s stock worth $47,000 after buying an additional 109 shares during the period. Lockerman Financial Group Inc. acquired a new stake in shares of SPDR Russell 1000 Yield Focus ETF in the first quarter worth $212,000. Cetera Advisors LLC purchased a new position in shares of SPDR Russell 1000 Yield Focus ETF in the 1st quarter valued at $217,000. Finally, Precedent Wealth Partners LLC purchased a new position in shares of SPDR Russell 1000 Yield Focus ETF in the 2nd quarter valued at $240,000.

SPDR Russell 1000 Yield Focus ETF Trading Up 0.6 %

Shares of SPDR Russell 1000 Yield Focus ETF stock opened at $111.99 on Friday. SPDR Russell 1000 Yield Focus ETF has a twelve month low of $86.09 and a twelve month high of $112.76. The stock has a market cap of $844.38 million, a price-to-earnings ratio of 12.92 and a beta of 0.85. The company has a fifty day moving average price of $109.09 and a 200 day moving average price of $106.61.

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.