SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Hits New 1-Year High – Here’s Why

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) hit a new 52-week high during trading on Tuesday . The stock traded as high as $37.25 and last traded at $37.21, with a volume of 157533 shares traded. The stock had previously closed at $36.70.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

The business has a 50 day moving average of $36.22 and a 200 day moving average of $33.85. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 17.02 and a beta of 0.47.

Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF

Several large investors have recently made changes to their positions in the business. Comerica Bank lifted its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the third quarter. Comerica Bank now owns 1,416 shares of the company’s stock valued at $44,000 after acquiring an additional 328 shares during the period. Flagship Harbor Advisors LLC lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 2.3% in the third quarter. Flagship Harbor Advisors LLC now owns 15,680 shares of the company’s stock valued at $484,000 after buying an additional 349 shares during the last quarter. Global Retirement Partners LLC lifted 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 worth $171,000 after purchasing an additional 437 shares during the last quarter. Illumine Investment Management LLC raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 0.9% in the 3rd quarter. Illumine Investment Management LLC now owns 53,111 shares of the company’s stock valued at $1,640,000 after acquiring an additional 455 shares in the last quarter. Finally, Pasadena Private Wealth LLC raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 3.6% in the 4th quarter. Pasadena Private Wealth LLC now owns 14,738 shares of the company’s stock valued at $464,000 after acquiring 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.