SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) saw an uptick in trading volume on Thursday . 391,576 shares changed hands during mid-day trading, an increase of 129% from the previous session’s volume of 170,846 shares.The stock last traded at $35.1450 and had previously closed at $35.11.

SPDR SSgA Multi-Asset Real Return ETF Stock Down 0.0%

The business has a fifty day simple moving average of $33.10 and a two-hundred day simple moving average of $31.60. The company has a market cap of $734.29 million, a P/E ratio of 17.02 and a beta of 0.57.

Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF

Hedge funds have recently bought and sold shares of the stock. Comerica Bank raised its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 30.1% in the third quarter. Comerica Bank now owns 1,416 shares of the company’s stock valued at $44,000 after acquiring an additional 328 shares during the period. Jones Financial Companies Lllp raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 99.2% in the third quarter. Jones Financial Companies Lllp now owns 2,135 shares of the company’s stock worth $66,000 after buying an additional 1,063 shares in the last quarter. Harbour Investments Inc. boosted its position in 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 valued at $92,000 after purchasing an additional 410 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new position in shares of SPDR SSgA Multi-Asset Real Return ETF in the 4th quarter worth approximately $99,000. Finally, JFS Wealth Advisors LLC acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the fourth quarter worth $103,000.

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.