Royal Bank of Canada Has $3.31 Million Stock Holdings in SPDR SSgA Multi-Asset Real Return ETF $RLY

Royal Bank of Canada raised its stake in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 560.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 91,535 shares of the company’s stock after purchasing an additional 77,681 shares during the quarter. Royal Bank of Canada’s holdings in SPDR SSgA Multi-Asset Real Return ETF were worth $3,309,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Ascentis Independent Advisors acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the 1st quarter valued at approximately $28,000. Comerica Bank grew 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 buying an additional 328 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 3,685.7% in the first quarter. International Assets Investment Management LLC now owns 1,590 shares of the company’s stock valued at $57,000 after buying an additional 1,548 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF during the fourth quarter worth $99,000. Finally, Harbour Investments Inc. increased its holdings in SPDR SSgA Multi-Asset Real Return ETF by 23.1% during the fourth quarter. Harbour Investments Inc. now owns 3,693 shares of the company’s stock worth $116,000 after buying an additional 692 shares during the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Trading Up 0.5%

NYSEARCA RLY opened at $36.83 on Friday. The firm’s fifty day moving average price is $35.61 and its two-hundred day moving average price is $35.84. SPDR SSgA Multi-Asset Real Return ETF has a 1 year low of $29.64 and a 1 year high of $37.43. The firm has a market capitalization of $1.29 billion, a P/E ratio of 17.02 and a beta of 0.46.

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.