SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Hits New 12-Month High – Here’s Why

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $36.37 and last traded at $36.25, with a volume of 9343 shares traded. The stock had previously closed at $36.35.

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

The stock has a fifty day moving average of $35.44 and a two-hundred day moving average of $32.97. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 17.02 and a beta of 0.54.

Institutional Investors Weigh In On 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. Comerica Bank increased its holdings in SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the 3rd quarter. Comerica Bank now owns 1,416 shares of the company’s stock valued at $44,000 after purchasing an additional 328 shares in the last quarter. Flagship Harbor Advisors LLC increased its holdings in SPDR SSgA Multi-Asset Real Return ETF by 2.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 15,680 shares of the company’s stock valued at $484,000 after purchasing an additional 349 shares in the last quarter. Global Retirement Partners LLC increased its holdings in SPDR SSgA Multi-Asset Real Return ETF by 8.7% during the 4th quarter. Global Retirement Partners LLC now owns 5,433 shares of the company’s stock valued at $171,000 after purchasing an additional 437 shares in the last quarter. Illumine Investment Management LLC increased its holdings in SPDR SSgA Multi-Asset Real Return ETF by 0.9% during the 3rd quarter. Illumine Investment Management LLC now owns 53,111 shares of the company’s stock valued at $1,640,000 after purchasing an additional 455 shares in the last quarter. Finally, Pasadena Private Wealth LLC increased its holdings in SPDR SSgA Multi-Asset Real Return ETF by 3.6% during the 4th quarter. Pasadena Private Wealth LLC now owns 14,738 shares of the company’s stock valued at $464,000 after purchasing an additional 515 shares in the last quarter.

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.