SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Reaches New 52-Week High – What’s Next?

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $33.16 and last traded at $33.1260, with a volume of 38189 shares trading hands. The stock had previously closed at $32.95.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

The company has a market cap of $667.94 million, a P/E ratio of 17.02 and a beta of 0.57. The business has a 50 day moving average price of $31.83 and a two-hundred day moving average price of $30.87.

Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF

A number of institutional investors have recently made changes to their positions in the stock. Comerica Bank lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 30.1% in the 3rd quarter. Comerica Bank now owns 1,416 shares of the company’s stock worth $44,000 after purchasing an additional 328 shares during the period. Flagship Harbor Advisors LLC raised its stake in 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 worth $484,000 after buying an additional 349 shares in the last quarter. Harbour Investments Inc. lifted its holdings in SPDR SSgA Multi-Asset Real Return ETF by 14.9% in the second quarter. Harbour Investments Inc. now owns 3,159 shares of the company’s stock worth $92,000 after buying an additional 410 shares during the period. Illumine Investment Management LLC boosted its position 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 acquiring an additional 455 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in SPDR SSgA Multi-Asset Real Return ETF by 3.1% during the 2nd quarter. Cetera Investment Advisers now owns 19,930 shares of the company’s stock valued at $580,000 after acquiring an additional 607 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.