SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Reaches New 12-Month High – What’s Next?

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $35.70 and last traded at $35.62, with a volume of 2482 shares changing hands. The stock had previously closed at $35.26.

SPDR SSgA Multi-Asset Real Return ETF Stock Down 0.1%

The stock has a market cap of $740.38 million, a PE ratio of 17.02 and a beta of 0.57. The stock has a 50-day moving average of $33.24 and a 200 day moving average of $31.70.

Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hantz Financial Services Inc. raised its position in SPDR SSgA Multi-Asset Real Return ETF by 11.7% during the 4th quarter. Hantz Financial Services Inc. now owns 1,857,277 shares of the company’s stock worth $58,411,000 after buying an additional 194,782 shares during the last quarter. D.A. Davidson & CO. raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 6.6% in the 4th quarter. D.A. Davidson & CO. now owns 1,490,134 shares of the company’s stock valued at $46,865,000 after acquiring an additional 92,443 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 9.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,462,305 shares of the company’s stock worth $45,156,000 after acquiring an additional 130,143 shares during the period. Tobias Financial Advisors Inc. increased its position in SPDR SSgA Multi-Asset Real Return ETF by 8.3% during the 4th quarter. Tobias Financial Advisors Inc. now owns 1,043,052 shares of the company’s stock worth $32,804,000 after purchasing an additional 79,868 shares in the last quarter. Finally, Savant Capital LLC acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the second quarter worth about $26,249,000.

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.