SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $37.89 and last traded at $37.88, with a volume of 486743 shares changing hands. The stock had previously closed at $37.71.
SPDR SSgA Multi-Asset Real Return ETF Trading Up 0.1%
The firm has a market capitalization of $1.33 billion, a P/E ratio of 17.02 and a beta of 0.47. The business has a 50-day moving average of $36.19 and a 200 day moving average of $36.16.
Institutional Investors Weigh In On SPDR SSgA Multi-Asset Real Return ETF
Several hedge funds and other institutional investors have recently modified their holdings of RLY. Ascentis Independent Advisors acquired a new stake in SPDR SSgA Multi-Asset Real Return ETF in the 1st quarter valued at $28,000. Comerica Bank raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the third quarter. Comerica Bank now owns 1,416 shares of the company’s stock worth $44,000 after buying an additional 328 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 3,685.7% in the first quarter. International Assets Investment Management LLC now owns 1,590 shares of the company’s stock valued at $57,000 after buying an additional 1,548 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of SPDR SSgA Multi-Asset Real Return ETF in the fourth quarter valued at $99,000. Finally, Fifth Third Bancorp acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the first quarter valued at about $116,000.
About SPDR SSgA Multi-Asset Real Return ETF
The SPDR SSgA Multi-Asset Real Return ETF (RLY) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively-managed fund that attempts to hedge against inflation by investing in funds with exposure to real estate, commodities, TIPS and natural resources companies. RLY was launched on Apr 25, 2012 and is managed by State Street.
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