SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management trimmed its holdings in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 15.9% in the third quarter, HoldingsChannel.com reports. The firm owned 6,168 shares of the company’s stock after selling 1,170 shares during the quarter. Financial Advocates Investment Management’s holdings in SPDR Russell 1000 Yield Focus ETF were worth $692,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Family Asset Management LLC acquired a new position in shares of SPDR Russell 1000 Yield Focus ETF in the 2nd quarter valued at $46,000. Cetera Advisors LLC purchased a new position in shares of SPDR Russell 1000 Yield Focus ETF during the first quarter worth about $217,000. Precedent Wealth Partners LLC acquired a new stake in shares of SPDR Russell 1000 Yield Focus ETF during the second quarter worth about $240,000. Thoroughbred Financial Services LLC increased its position in shares of SPDR Russell 1000 Yield Focus ETF by 4.8% during the second quarter. Thoroughbred Financial Services LLC now owns 2,500 shares of the company’s stock worth $259,000 after purchasing an additional 114 shares in the last quarter. Finally, World Equity Group Inc. boosted its position in shares of SPDR Russell 1000 Yield Focus ETF by 32.7% in the 2nd quarter. World Equity Group Inc. now owns 2,524 shares of the company’s stock valued at $262,000 after purchasing an additional 622 shares during the period.

SPDR Russell 1000 Yield Focus ETF Stock Down 0.6 %

NYSEARCA:ONEY opened at $109.96 on Friday. SPDR Russell 1000 Yield Focus ETF has a 52-week low of $88.56 and a 52-week high of $113.60. The stock’s 50 day moving average price is $111.22 and its 200 day moving average price is $107.60. The company has a market capitalization of $829.10 million, a PE ratio of 12.92 and a beta of 0.85.

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.