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

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) reached a new 52-week high during trading on Monday . The company traded as high as $34.26 and last traded at $34.17, with a volume of 3403 shares traded. The stock had previously closed at $33.88.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

The company has a 50-day moving average of $32.11 and a 200-day moving average of $31.05. The firm has a market capitalization of $703.50 million, a price-to-earnings ratio of 17.02 and a beta of 0.57.

Institutional Investors Weigh In On SPDR SSgA Multi-Asset Real Return ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Comerica Bank lifted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 30.1% in the third quarter. Comerica Bank now owns 1,416 shares of the company’s stock valued at $44,000 after purchasing an additional 328 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF during the 2nd quarter worth approximately $62,000. Jones Financial Companies Lllp boosted its position in SPDR SSgA Multi-Asset Real Return ETF by 99.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,135 shares of the company’s stock worth $66,000 after acquiring an additional 1,063 shares during the last quarter. Harbour Investments Inc. grew its stake 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 worth $92,000 after acquiring an additional 410 shares in the last quarter. Finally, JFS Wealth Advisors LLC acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the fourth quarter valued at approximately $103,000.

SPDR SSgA Multi-Asset Real Return ETF Company 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.