Envestnet Asset Management Inc. Cuts Stock Holdings in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

Envestnet Asset Management Inc. lowered its stake in shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 1.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 899,410 shares of the company’s stock after selling 15,829 shares during the period. Envestnet Asset Management Inc. owned approximately 4.25% of SPDR SSgA Multi-Asset Real Return ETF worth $24,806,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of RLY. Bank of America Corp DE raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 87.1% during the fourth quarter. Bank of America Corp DE now owns 1,433,386 shares of the company’s stock worth $39,475,000 after purchasing an additional 667,108 shares during the period. UBS Group AG raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 405.0% during the first quarter. UBS Group AG now owns 517,435 shares of the company’s stock worth $15,953,000 after purchasing an additional 414,974 shares during the period. Wells Fargo & Company MN raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 169.1% during the second quarter. Wells Fargo & Company MN now owns 586,151 shares of the company’s stock worth $16,395,000 after purchasing an additional 368,348 shares during the period. Private Advisor Group LLC purchased a new position in SPDR SSgA Multi-Asset Real Return ETF during the first quarter worth approximately $8,583,000. Finally, HBK Sorce Advisory LLC raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 359.3% during the fourth quarter. HBK Sorce Advisory LLC now owns 292,082 shares of the company’s stock worth $8,044,000 after purchasing an additional 228,484 shares during the period.

SPDR SSgA Multi-Asset Real Return ETF Trading Down 0.2 %

Shares of RLY stock opened at $27.35 on Friday. The company’s fifty day simple moving average is $27.17 and its 200-day simple moving average is $27.25. SPDR SSgA Multi-Asset Real Return ETF has a 52 week low of $25.60 and a 52 week high of $29.59. The company has a market cap of $539.34 million, a PE ratio of 12.12 and a beta of 0.70.

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.