Truist Financial Corp Trims Stock Position in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)

Truist Financial Corp cut its stake in shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 45.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,637 shares of the company’s stock after selling 3,806 shares during the period. Truist Financial Corp owned approximately 0.06% of SPDR Russell 1000 Yield Focus ETF worth $481,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Raymond James & Associates lifted its position in shares of SPDR Russell 1000 Yield Focus ETF by 2.4% during the 2nd quarter. Raymond James & Associates now owns 55,234 shares of the company’s stock worth $5,730,000 after buying an additional 1,291 shares during the last quarter. Horizon Wealth Management LLC grew its stake in SPDR Russell 1000 Yield Focus ETF by 9.1% in the 1st quarter. Horizon Wealth Management LLC now owns 10,631 shares of the company’s stock valued at $1,155,000 after acquiring an additional 884 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in SPDR Russell 1000 Yield Focus ETF by 0.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 171,251 shares of the company’s stock valued at $17,765,000 after acquiring an additional 1,064 shares during the last quarter. McAdam LLC grew its stake in SPDR Russell 1000 Yield Focus ETF by 22.5% in the 2nd quarter. McAdam LLC now owns 2,546 shares of the company’s stock valued at $264,000 after acquiring an additional 467 shares during the last quarter. Finally, RFG Advisory LLC lifted its holdings in SPDR Russell 1000 Yield Focus ETF by 4.8% in the 1st quarter. RFG Advisory LLC now owns 4,925 shares of the company’s stock valued at $535,000 after purchasing an additional 226 shares in the last quarter.

SPDR Russell 1000 Yield Focus ETF Price Performance

Shares of ONEY stock opened at $113.42 on Thursday. The firm has a market cap of $855.22 million, a P/E ratio of 12.92 and a beta of 0.85. SPDR Russell 1000 Yield Focus ETF has a 1-year low of $86.09 and a 1-year high of $113.60. The firm’s 50-day simple moving average is $110.37 and its 200-day simple moving average is $107.20.

About SPDR Russell 1000 Yield Focus ETF

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.