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

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $32.25 and last traded at $32.1730, with a volume of 7068 shares. The stock had previously closed at $32.12.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

The firm has a market cap of $633.30 million, a price-to-earnings ratio of 17.02 and a beta of 0.57. The business’s 50 day moving average price is $31.37 and its 200 day moving average price is $30.45.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of RLY. Captrust Financial Advisors boosted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 1.6% in the 3rd quarter. Captrust Financial Advisors now owns 63,199 shares of the company’s stock valued at $1,952,000 after buying an additional 993 shares in the last quarter. Mariner LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF in the 3rd quarter valued at about $665,000. Larson Financial Group LLC lifted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 2.8% during the 3rd quarter. Larson Financial Group LLC now owns 131,429 shares of the company’s stock worth $4,059,000 after acquiring an additional 3,559 shares during the period. Focus Partners Wealth increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 4.7% during the 3rd quarter. Focus Partners Wealth now owns 275,826 shares of the company’s stock worth $8,517,000 after buying an additional 12,494 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in SPDR SSgA Multi-Asset Real Return ETF by 4.8% in the third quarter. Bank of America Corp DE now owns 749,265 shares of the company’s stock valued at $23,137,000 after acquiring an additional 34,010 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.