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 . 289,119 shares traded hands during mid-day trading, an increase of 152% from the previous session’s volume of 114,762 shares.The stock last traded at $26.89 and had previously closed at $26.94.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

The firm’s 50-day moving average price is $28.25 and its 200 day moving average price is $28.14. The firm has a market capitalization of $536.71 million, a price-to-earnings ratio of 10.44 and a beta of 0.50.

Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF

Several institutional investors and hedge funds have recently made changes to their positions in RLY. Hantz Financial Services Inc. raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 13.0% in the third quarter. Hantz Financial Services Inc. now owns 1,999,363 shares of the company’s stock valued at $57,462,000 after buying an additional 229,342 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,107,527 shares of the company’s stock valued at $30,601,000 after acquiring an additional 21,277 shares during the last quarter. D.A. Davidson & CO. raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 3.0% in the 3rd quarter. D.A. Davidson & CO. now owns 1,069,903 shares of the company’s stock valued at $30,749,000 after acquiring an additional 31,589 shares during the last quarter. Corrigan Financial Inc. lifted its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 4.1% during the 3rd quarter. Corrigan Financial Inc. now owns 874,650 shares of the company’s stock worth $25,137,000 after purchasing an additional 34,564 shares during the period. Finally, Trilogy Capital Inc. boosted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 4.2% during the third quarter. Trilogy Capital Inc. now owns 410,179 shares of the company’s stock worth $11,789,000 after purchasing an additional 16,457 shares during the last quarter.

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.