SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 450,594 shares changed hands during trading, an increase of 99% from the previous session’s volume of 225,903 shares.The stock last traded at $34.95 and had previously closed at $34.94.
SPDR SSgA Multi-Asset Real Return ETF Stock Down 0.1%
The business has a 50-day simple moving average of $36.06 and a 200-day simple moving average of $35.19. The company has a market cap of $1.18 billion, a PE ratio of 17.02 and a beta of 0.47.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 27.0% during the first quarter. Royal Bank of Canada now owns 8,131 shares of the company’s stock worth $232,000 after buying an additional 1,729 shares in the last quarter. Jane Street Group LLC boosted its position in SPDR SSgA Multi-Asset Real Return ETF by 243.1% during the first quarter. Jane Street Group LLC now owns 97,124 shares of the company’s stock worth $2,772,000 after acquiring an additional 68,818 shares during the last quarter. Cetera Investment Advisers grew its stake 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. Raymond James Financial Inc. raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 52.4% in the 2nd quarter. Raymond James Financial Inc. now owns 315,239 shares of the company’s stock valued at $9,170,000 after acquiring an additional 108,343 shares during the last quarter. Finally, Curi Capital LLC raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 1.7% in the 2nd quarter. Curi Capital LLC now owns 282,230 shares of the company’s stock valued at $8,210,000 after acquiring an additional 4,611 shares during 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.
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