Envestnet Asset Management Inc. Boosts Stock Position in SPDR SSgA Multi-Asset Real Return ETF $RLY

Envestnet Asset Management Inc. increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 4.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,332,162 shares of the company’s stock after acquiring an additional 62,113 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.08% of SPDR SSgA Multi-Asset Real Return ETF worth $38,753,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MAI Capital Management grew its holdings in SPDR SSgA Multi-Asset Real Return ETF by 472.6% in the 1st quarter. MAI Capital Management now owns 1,695 shares of the company’s stock valued at $48,000 after buying an additional 1,399 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 2nd quarter worth $62,000. Harbour Investments Inc. boosted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 14.9% during the 2nd quarter. Harbour Investments Inc. now owns 3,159 shares of the company’s stock valued at $92,000 after acquiring an additional 410 shares during the last quarter. Schmidt P J Investment Management Inc. acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 1st quarter valued at about $217,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 70,863.6% in the second quarter. Farther Finance Advisors LLC now owns 7,806 shares of the company’s stock valued at $227,000 after purchasing an additional 7,795 shares during the period.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

SPDR SSgA Multi-Asset Real Return ETF stock opened at $31.00 on Friday. The company has a 50-day moving average price of $30.79 and a 200 day moving average price of $29.65. SPDR SSgA Multi-Asset Real Return ETF has a 12-month low of $25.63 and a 12-month high of $31.45. The stock has a market cap of $609.77 million, a P/E ratio of 17.02 and a beta of 0.57.

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.