World Equity Group Inc. Raises Stake in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)

World Equity Group Inc. increased its stake in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 100.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,126 shares of the company’s stock after acquiring an additional 3,068 shares during the period. World Equity Group Inc.’s holdings in SPDR Russell 1000 Yield Focus ETF were worth $667,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of ONEY. Cornerstone Wealth Management LLC acquired a new stake in shares of SPDR Russell 1000 Yield Focus ETF in the fourth quarter worth approximately $221,000. RDA Financial Network boosted its position in shares of SPDR Russell 1000 Yield Focus ETF by 14.5% in the fourth quarter. RDA Financial Network now owns 2,176 shares of the company’s stock worth $237,000 after acquiring an additional 275 shares during the last quarter. Cornerstone Planning Group LLC boosted its position in shares of SPDR Russell 1000 Yield Focus ETF by 7.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 2,586 shares of the company’s stock worth $293,000 after acquiring an additional 170 shares during the last quarter. IVC Wealth Advisors LLC boosted its position in shares of SPDR Russell 1000 Yield Focus ETF by 4.9% in the fourth quarter. IVC Wealth Advisors LLC now owns 2,900 shares of the company’s stock worth $316,000 after acquiring an additional 135 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC boosted its position in shares of SPDR Russell 1000 Yield Focus ETF by 3.3% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 3,269 shares of the company’s stock worth $356,000 after acquiring an additional 103 shares during the last quarter.

SPDR Russell 1000 Yield Focus ETF Stock Performance

ONEY opened at $111.99 on Monday. The company’s 50 day simple moving average is $110.66 and its 200 day simple moving average is $111.50. SPDR Russell 1000 Yield Focus ETF has a 1 year low of $100.52 and a 1 year high of $118.17. The stock has a market capitalization of $817.53 million, a PE ratio of 15.80 and a beta of 1.13.

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.