The SPDR Russell 1000 Yield Focus ETF (Symbol: ONEY) experienced a significant inflow of approximately $203.7 million, marking a 24.3% increase in outstanding units from 7,770,000 to 9,660,000 within a week. This data was reported today.
Key underlying components include Bristol Myers Squibb Co. (BMY) up 0.4%, Cardinal Health, Inc. (CAH) down 0.2%, and Ford Motor Co. (F) down 0.8%. ONEY’s share price is currently at $107.92, within a 52-week range of $94.39 to $118.17.
Exchange Traded Funds (ETFs) are traded similarly to stocks, with “units” being bought and sold, which can be created or destroyed based on investor demand.
