SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Sees Large Volume Increase – Time to Buy?

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) saw strong trading volume on Thursday . 392,288 shares changed hands during mid-day trading, an increase of 211% from the previous session’s volume of 125,972 shares.The stock last traded at $34.6250 and had previously closed at $34.57.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

The business’s fifty day moving average price is $32.18 and its two-hundred day moving average price is $31.07. The stock has a market capitalization of $706.96 million, a PE ratio of 17.02 and a beta of 0.57.

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

A number of large investors have recently bought and sold shares of RLY. Comerica Bank raised its position in SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the 3rd quarter. Comerica Bank now owns 1,416 shares of the company’s stock worth $44,000 after buying an additional 328 shares during the last quarter. Flagship Harbor Advisors LLC increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 2.3% in the third quarter. Flagship Harbor Advisors LLC now owns 15,680 shares of the company’s stock worth $484,000 after acquiring an additional 349 shares during the period. Harbour Investments Inc. raised its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 14.9% during the second quarter. Harbour Investments Inc. now owns 3,159 shares of the company’s stock worth $92,000 after purchasing an additional 410 shares during the last quarter. Illumine Investment Management LLC lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 0.9% during the third quarter. Illumine Investment Management LLC now owns 53,111 shares of the company’s stock valued at $1,640,000 after purchasing an additional 455 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in SPDR SSgA Multi-Asset Real Return ETF by 3.1% in the second quarter. Cetera Investment Advisers now owns 19,930 shares of the company’s stock valued at $580,000 after purchasing an additional 607 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.