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

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) shares saw strong trading volume on Wednesday . 147,578 shares traded hands during trading, an increase of 125% from the previous session’s volume of 65,451 shares.The stock last traded at $27.92 and had previously closed at $27.64.

SPDR SSgA Multi-Asset Real Return ETF Trading Up 0.9 %

The business’s fifty day simple moving average is $27.94 and its 200 day simple moving average is $28.09. The stock has a market cap of $555.65 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

Institutional investors and hedge funds have recently modified their holdings of the stock. Hantz Financial Services Inc. increased its holdings 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 worth $57,462,000 after acquiring an additional 229,342 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of 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 purchasing an additional 21,277 shares during the period. D.A. Davidson & CO. increased its stake in SPDR SSgA Multi-Asset Real Return ETF by 3.0% during the 3rd quarter. D.A. Davidson & CO. now owns 1,069,903 shares of the company’s stock worth $30,749,000 after purchasing an additional 31,589 shares in the last quarter. Corrigan Financial Inc. raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 1.7% during the 4th quarter. Corrigan Financial Inc. now owns 889,587 shares of the company’s stock worth $24,037,000 after buying an additional 14,937 shares during the period. Finally, First International Bank & Trust lifted its stake in SPDR SSgA Multi-Asset Real Return ETF by 4.4% in the fourth quarter. First International Bank & Trust now owns 843,441 shares of the company’s stock valued at $22,790,000 after buying an additional 35,410 shares in 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.