SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Sees Unusually-High Trading Volume – Should You Buy?

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) shares saw unusually-strong trading volume on Friday . Approximately 514,184 shares traded hands during mid-day trading, an increase of 349% from the previous session’s volume of 114,415 shares.The stock last traded at $27.23 and had previously closed at $26.97.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

The firm has a 50 day moving average price of $28.41 and a 200-day moving average price of $28.17. The firm has a market cap of $541.30 million, a price-to-earnings ratio of 10.44 and a beta of 0.50.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James & Associates increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 34.2% in the 2nd quarter. Raymond James & Associates now owns 50,592 shares of the company’s stock valued at $1,398,000 after acquiring an additional 12,902 shares during the last quarter. Private Client Services LLC boosted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 5.1% during the second quarter. Private Client Services LLC now owns 41,470 shares of the company’s stock worth $1,146,000 after purchasing an additional 2,026 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF in the 2nd quarter valued at $39,000. Hantz Financial Services Inc. bought a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the 2nd quarter valued at $48,906,000. Finally, D.A. Davidson & CO. raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 1.8% during the 2nd quarter. D.A. Davidson & CO. now owns 1,038,314 shares of the company’s stock worth $28,689,000 after buying an additional 18,771 shares during the period.

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.