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

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $31.56 and last traded at $31.4850, with a volume of 4959 shares trading hands. The stock had previously closed at $31.36.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

The company’s 50 day simple moving average is $30.92 and its two-hundred day simple moving average is $29.83. The stock has a market cap of $620.49 million, a price-to-earnings ratio of 17.02 and a beta of 0.57.

Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF

Institutional investors have recently added to or reduced their stakes in the business. MAI Capital Management boosted its holdings in SPDR SSgA Multi-Asset Real Return ETF by 472.6% in the first quarter. MAI Capital Management now owns 1,695 shares of the company’s stock worth $48,000 after purchasing an additional 1,399 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in SPDR SSgA Multi-Asset Real Return ETF during the second quarter valued at about $62,000. Jones Financial Companies Lllp lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 99.2% in the third quarter. Jones Financial Companies Lllp now owns 2,135 shares of the company’s stock worth $66,000 after buying an additional 1,063 shares during the last quarter. Harbour Investments Inc. increased its holdings 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. Finally, 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.

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.