Raymond James & Associates Sells 7,680 Shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

Raymond James & Associates cut its stake in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 17.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 36,985 shares of the company’s stock after selling 7,680 shares during the period. Raymond James & Associates’ holdings in SPDR SSgA Multi-Asset Real Return ETF were worth $1,007,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of RLY. Comerica Bank bought a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the third quarter worth $52,000. Royal Bank of Canada lifted its holdings in SPDR SSgA Multi-Asset Real Return ETF by 111.1% during the third quarter. Royal Bank of Canada now owns 4,844 shares of the company’s stock worth $126,000 after acquiring an additional 2,549 shares in the last quarter. FSC Wealth Advisors LLC grew its stake in SPDR SSgA Multi-Asset Real Return ETF by 7.7% in the third quarter. FSC Wealth Advisors LLC now owns 6,004 shares of the company’s stock valued at $162,000 after acquiring an additional 429 shares during the period. Equitable Holdings Inc. bought a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the first quarter worth about $220,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF during the first quarter worth about $231,000.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

NYSEARCA:RLY opened at $27.93 on Monday. The business’s 50-day simple moving average is $27.27 and its 200-day simple moving average is $26.95. SPDR SSgA Multi-Asset Real Return ETF has a fifty-two week low of $25.74 and a fifty-two week high of $28.60. The stock has a market capitalization of $540.45 million, a PE ratio of 10.28 and a beta of 0.55.

SPDR SSgA Multi-Asset Real Return ETF 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.