Eldridge Investment Advisors Inc. Acquires 37,759 Shares of SPDR SSgA Multi-Asset Real Return ETF $RLY

Eldridge Investment Advisors Inc. grew its holdings in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 11.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 367,171 shares of the company’s stock after purchasing an additional 37,759 shares during the quarter. SPDR SSgA Multi-Asset Real Return ETF comprises about 2.5% of Eldridge Investment Advisors Inc.’s investment portfolio, making the stock its 10th largest position. Eldridge Investment Advisors Inc. owned 1.76% of SPDR SSgA Multi-Asset Real Return ETF worth $11,548,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Comerica Bank boosted its stake in 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 worth $44,000 after purchasing an additional 328 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in SPDR SSgA Multi-Asset Real Return ETF by 99.2% in the third quarter. Jones Financial Companies Lllp now owns 2,135 shares of the company’s stock worth $66,000 after purchasing an additional 1,063 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF in the fourth quarter worth $99,000. JFS Wealth Advisors LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF in the fourth quarter worth $103,000. Finally, Harbour Investments Inc. boosted its stake in SPDR SSgA Multi-Asset Real Return ETF by 23.1% in the fourth quarter. Harbour Investments Inc. now owns 3,693 shares of the company’s stock worth $116,000 after purchasing an additional 692 shares in the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

SPDR SSgA Multi-Asset Real Return ETF stock opened at $35.93 on Tuesday. The firm has a market cap of $1.16 billion, a P/E ratio of 17.02 and a beta of 0.46. The business’s fifty day moving average is $36.60 and its two-hundred day moving average is $34.63. SPDR SSgA Multi-Asset Real Return ETF has a 52 week low of $28.80 and a 52 week high of $37.43.

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.