SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Reaches New 52-Week High at $28.66

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) shares hit a new 52-week high on Thursday . The company traded as high as $28.66 and last traded at $28.66, with a volume of 131021 shares changing hands. The stock had previously closed at $28.32.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

The stock’s 50-day moving average price is $27.77 and its 200-day moving average price is $27.10. The company has a market capitalization of $589.54 million, a price-to-earnings ratio of 10.23 and a beta of 0.52.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. ORG Partners LLC raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 77.5% during the 4th quarter. ORG Partners LLC now owns 1,834 shares of the company’s stock worth $50,000 after purchasing an additional 801 shares during the last quarter. Fermata Advisors LLC acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 1st quarter worth approximately $202,000. Kestra Advisory Services LLC acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 3rd quarter worth approximately $238,000. Cornerstone Wealth Management LLC acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 3rd quarter worth approximately $240,000. Finally, FSC Wealth Advisors LLC raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 61.0% during the 4th quarter. FSC Wealth Advisors LLC now owns 9,666 shares of the company’s stock worth $263,000 after purchasing an additional 3,662 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.