SPDR SSgA Multi-Asset Real Return ETF $RLY Stock Acquired by Elevation Capital Advisory LLC

Elevation Capital Advisory LLC boosted its stake in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 291.4% in the third quarter, HoldingsChannel reports. The firm owned 23,176 shares of the company’s stock after acquiring an additional 17,254 shares during the period. Elevation Capital Advisory LLC’s holdings in SPDR SSgA Multi-Asset Real Return ETF were worth $839,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. DWM Financial Group Inc. bought a new position in SPDR SSgA Multi-Asset Real Return ETF during the third quarter worth about $920,000. Financial Network Wealth Advisors LLC increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 13.5% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 9,435 shares of the company’s stock valued at $341,000 after acquiring an additional 1,120 shares during the last quarter. D.A. Davidson & CO. increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 5.6% in the 3rd quarter. D.A. Davidson & CO. now owns 1,705,315 shares of the company’s stock valued at $61,715,000 after acquiring an additional 89,882 shares during the last quarter. MBE Wealth Management LLC increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 2.7% in the 3rd quarter. MBE Wealth Management LLC now owns 119,169 shares of the company’s stock valued at $4,313,000 after acquiring an additional 3,131 shares during the last quarter. Finally, Flagship Harbor Advisors LLC increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 12.0% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 19,517 shares of the company’s stock valued at $706,000 after acquiring an additional 2,086 shares during the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

Shares of NYSEARCA:RLY opened at $37.38 on Friday. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 17.02 and a beta of 0.48. The firm’s 50 day simple moving average is $37.26 and its 200 day simple moving average is $36.12. SPDR SSgA Multi-Asset Real Return ETF has a fifty-two week low of $30.58 and a fifty-two week high of $38.38.

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.