Brass Tax Wealth Management Inc. Sells 704 Shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

Brass Tax Wealth Management Inc. lessened its position in shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 6.1% in the third quarter, HoldingsChannel.com reports. The fund owned 10,787 shares of the company’s stock after selling 704 shares during the period. Brass Tax Wealth Management Inc.’s holdings in SPDR SSgA Multi-Asset Real Return ETF were worth $310,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new position in SPDR SSgA Multi-Asset Real Return ETF in the 2nd quarter valued at approximately $39,000. ORG Partners LLC acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF during the second quarter worth $47,000. Matrix Trust Co acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF during the third quarter worth $134,000. TrinityPoint Wealth LLC increased its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 11.6% during the third quarter. TrinityPoint Wealth LLC now owns 8,644 shares of the company’s stock worth $248,000 after buying an additional 898 shares during the period. Finally, Barnes Pettey Financial Advisors LLC grew its holdings in SPDR SSgA Multi-Asset Real Return ETF by 5.7% in the second quarter. Barnes Pettey Financial Advisors LLC now owns 11,140 shares of the company’s stock worth $308,000 after purchasing an additional 601 shares during the period.

SPDR SSgA Multi-Asset Real Return ETF Stock Down 0.4 %

NYSEARCA:RLY traded down $0.12 during trading hours on Friday, reaching $27.97. The company had a trading volume of 19,908 shares, compared to its average volume of 112,222. The firm has a market cap of $557.44 million, a price-to-earnings ratio of 10.44 and a beta of 0.50. The business’s 50-day simple moving average is $28.60 and its two-hundred day simple moving average is $28.22. SPDR SSgA Multi-Asset Real Return ETF has a twelve month low of $25.91 and a twelve month high of $29.24.

SPDR SSgA Multi-Asset Real Return ETF 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.