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

Envestnet Asset Management Inc. raised its position in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 9.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,462,305 shares of the company’s stock after acquiring an additional 130,143 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.07% of SPDR SSgA Multi-Asset Real Return ETF worth $45,156,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Tobias Financial Advisors Inc. purchased a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the third quarter worth $29,743,000. Savant Capital LLC purchased a new stake in SPDR SSgA Multi-Asset Real Return ETF in the 2nd quarter worth $26,249,000. RFG Bristol Wealth Advisors LLC purchased a new position in shares of SPDR SSgA Multi-Asset Real Return ETF in the third quarter valued at about $7,192,000. D.A. Davidson & CO. lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 11.0% in the third quarter. D.A. Davidson & CO. now owns 1,397,691 shares of the company’s stock valued at $43,161,000 after acquiring an additional 137,994 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 52.4% in the second quarter. Raymond James Financial Inc. now owns 315,239 shares of the company’s stock worth $9,170,000 after acquiring an additional 108,343 shares during the period.

SPDR SSgA Multi-Asset Real Return ETF Trading Down 0.0%

Shares of RLY opened at $34.85 on Wednesday. The business’s 50 day moving average is $32.70 and its 200 day moving average is $31.38. The company has a market capitalization of $729.06 million, a PE ratio of 17.02 and a beta of 0.57. SPDR SSgA Multi-Asset Real Return ETF has a 12-month low of $25.63 and a 12-month high of $35.18.

SPDR SSgA Multi-Asset Real Return ETF 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. RLY was launched on Apr 25, 2012 and is managed by State Street.