SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Hits New 12-Month High – What’s Next?

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $36.97 and last traded at $36.97, with a volume of 15986 shares changing hands. The stock had previously closed at $36.62.

SPDR SSgA Multi-Asset Real Return ETF Trading Down 0.3%

The firm has a market capitalization of $1.19 billion, a PE ratio of 17.02 and a beta of 0.47. The firm’s fifty day moving average price is $36.09 and its 200 day moving average price is $33.61.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Tobias Financial Advisors Inc. acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF during the 3rd quarter valued at about $29,743,000. Wealth Enhancement Trust Services Inc. acquired a new position in SPDR SSgA Multi-Asset Real Return ETF in the fourth quarter worth approximately $18,836,000. Johnson Bixby & Associates LLC raised its position in SPDR SSgA Multi-Asset Real Return ETF by 2,634.7% during the first quarter. Johnson Bixby & Associates LLC now owns 492,437 shares of the company’s stock valued at $17,802,000 after acquiring an additional 474,430 shares in the last quarter. Smartleaf Asset Management LLC bought a new position in SPDR SSgA Multi-Asset Real Return ETF during the fourth quarter valued at approximately $9,759,000. Finally, RFG Bristol Wealth Advisors LLC acquired a new stake in SPDR SSgA Multi-Asset Real Return ETF in the third quarter valued at approximately $7,192,000.

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.