SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) Reaches New 52-Week Low – Time to Sell?

Shares of SPDR Russell 1000 Low Volatility Focus ETF (NYSEARCA:ONEV) hit a new 52-week low during trading on Monday . The stock traded as low as $113.16 and last traded at $113.16, with a volume of 2479 shares trading hands. The stock had previously closed at $117.77.

SPDR Russell 1000 Low Volatility Focus ETF Price Performance

The stock’s 50 day moving average price is $127.51 and its two-hundred day moving average price is $128.79. The firm has a market capitalization of $531.57 million, a price-to-earnings ratio of 18.78 and a beta of 0.99.

SPDR Russell 1000 Low Volatility Focus ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.5077 per share. The ex-dividend date was Monday, March 24th.

Institutional Investors Weigh In On SPDR Russell 1000 Low Volatility Focus ETF

Hedge funds have recently bought and sold shares of the company. Fifth Third Securities Inc. lifted its position in shares of SPDR Russell 1000 Low Volatility Focus ETF by 64.0% during the 4th quarter. Fifth Third Securities Inc. now owns 15,773 shares of the company’s stock worth $1,979,000 after purchasing an additional 6,156 shares during the last quarter. SOA Wealth Advisors LLC. lifted its holdings in shares of SPDR Russell 1000 Low Volatility Focus ETF by 12.9% during the fourth quarter. SOA Wealth Advisors LLC. now owns 7,833 shares of the company’s stock worth $983,000 after buying an additional 895 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of SPDR Russell 1000 Low Volatility Focus ETF by 16.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 7,261 shares of the company’s stock valued at $911,000 after acquiring an additional 1,051 shares during the period. Jones Financial Companies Lllp grew its stake in shares of SPDR Russell 1000 Low Volatility Focus ETF by 95.8% in the fourth quarter. Jones Financial Companies Lllp now owns 2,912 shares of the company’s stock worth $365,000 after acquiring an additional 1,425 shares during the last quarter. Finally, Farther Finance Advisors LLC bought a new position in SPDR Russell 1000 Low Volatility Focus ETF during the fourth quarter worth $87,000.

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.