SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Sees Large Volume Increase – Here’s Why

Shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) saw strong trading volume on Thursday . 391,576 shares changed hands during trading, an increase of 129% from the previous session’s volume of 170,846 shares.The stock last traded at $35.1450 and had previously closed at $35.11.

SPDR SSgA Multi-Asset Real Return ETF Stock Down 0.0%

The business has a 50-day moving average price of $33.10 and a two-hundred day moving average price of $31.60. The company has a market capitalization of $734.29 million, a price-to-earnings ratio of 17.02 and a beta of 0.57.

Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 27.0% in the 1st quarter. Royal Bank of Canada now owns 8,131 shares of the company’s stock valued at $232,000 after purchasing an additional 1,729 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 243.1% in the 1st quarter. Jane Street Group LLC now owns 97,124 shares of the company’s stock valued at $2,772,000 after purchasing an additional 68,818 shares during the period. Harbour Investments Inc. grew its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 14.9% in the 2nd quarter. Harbour Investments Inc. now owns 3,159 shares of the company’s stock worth $92,000 after buying an additional 410 shares during the period. D.A. Davidson & CO. grew its holdings in SPDR SSgA Multi-Asset Real Return ETF by 5.4% in the second quarter. D.A. Davidson & CO. now owns 1,259,697 shares of the company’s stock worth $36,645,000 after purchasing an additional 64,902 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in SPDR SSgA Multi-Asset Real Return ETF by 4.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,332,162 shares of the company’s stock valued at $38,753,000 after buying an additional 62,113 shares in the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Company Profile

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.