SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $37.43 and last traded at $37.43, with a volume of 1892 shares traded. The stock had previously closed at $36.98.
SPDR SSgA Multi-Asset Real Return ETF Stock Up 0.4%
The firm has a market cap of $1.32 billion, a PE ratio of 17.02 and a beta of 0.46. The company has a 50-day simple moving average of $35.72 and a two-hundred day simple moving average of $35.94.
Hedge Funds Weigh In On SPDR SSgA Multi-Asset Real Return ETF
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its position in SPDR SSgA Multi-Asset Real Return ETF by 27.0% in the first quarter. Royal Bank of Canada now owns 8,131 shares of the company’s stock worth $232,000 after acquiring an additional 1,729 shares during the period. Jane Street Group LLC boosted its stake in SPDR SSgA Multi-Asset Real Return ETF by 243.1% in the first quarter. Jane Street Group LLC now owns 97,124 shares of the company’s stock valued at $2,772,000 after acquiring an additional 68,818 shares during the last quarter. Cetera Investment Advisers grew its position in shares of 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 during the period. Raymond James Financial Inc. grew its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 52.4% during 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 period. Finally, Curi Capital LLC increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 1.7% during the 2nd quarter. Curi Capital LLC now owns 282,230 shares of the company’s stock worth $8,210,000 after purchasing 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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