Royal Bank of Canada Has $3.31 Million Stock Position in SPDR SSgA Multi-Asset Real Return ETF $RLY

Royal Bank of Canada raised its stake in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 560.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 91,535 shares of the company’s stock after buying an additional 77,681 shares during the quarter. Royal Bank of Canada owned about 0.28% of SPDR SSgA Multi-Asset Real Return ETF worth $3,309,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in RLY. Ascentis Independent Advisors acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF during the first quarter worth $28,000. Comerica Bank lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 30.1% in the 3rd quarter. Comerica Bank now owns 1,416 shares of the company’s stock valued at $44,000 after acquiring an additional 328 shares in the last quarter. International Assets Investment Management LLC lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 3,685.7% in the 1st quarter. International Assets Investment Management LLC now owns 1,590 shares of the company’s stock valued at $57,000 after acquiring an additional 1,548 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF in the 4th quarter worth $99,000. Finally, Fifth Third Bancorp acquired a new position in SPDR SSgA Multi-Asset Real Return ETF in the 1st quarter worth $116,000.

SPDR SSgA Multi-Asset Real Return ETF Trading Up 0.5%

RLY stock opened at $36.83 on Friday. The stock has a 50-day moving average price of $35.61 and a two-hundred day moving average price of $35.84. SPDR SSgA Multi-Asset Real Return ETF has a 1 year low of $29.64 and a 1 year high of $37.43. The stock has a market cap of $1.29 billion, a PE ratio of 17.02 and a beta of 0.46.

SPDR SSgA Multi-Asset Real Return ETF 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.