Bank of America Corp DE Lowers Stock Position in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

Bank of America Corp DE trimmed its holdings in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 746,262 shares of the company’s stock after selling 27,442 shares during the quarter. Bank of America Corp DE owned about 3.74% of SPDR SSgA Multi-Asset Real Return ETF worth $20,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the business. Hantz Financial Services Inc. boosted its stake in SPDR SSgA Multi-Asset Real Return ETF by 0.6% in the 4th quarter. Hantz Financial Services Inc. now owns 2,012,147 shares of the company’s stock worth $54,368,000 after purchasing an additional 12,784 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 6.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,200,919 shares of the company’s stock worth $32,449,000 after purchasing an additional 69,264 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 5.7% during the fourth quarter. D.A. Davidson & CO. now owns 1,130,994 shares of the company’s stock valued at $30,559,000 after purchasing an additional 61,091 shares in the last quarter. New England Capital Financial Advisors LLC boosted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 119,914.1% during the fourth quarter. New England Capital Financial Advisors LLC now owns 476,456 shares of the company’s stock valued at $12,874,000 after buying an additional 476,059 shares during the last quarter. Finally, LPL Financial LLC raised its position in SPDR SSgA Multi-Asset Real Return ETF by 21.3% in the 4th quarter. LPL Financial LLC now owns 446,975 shares of the company’s stock worth $12,077,000 after buying an additional 78,636 shares during the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

RLY opened at $28.65 on Tuesday. The company’s 50-day simple moving average is $27.92 and its two-hundred day simple moving average is $27.97. SPDR SSgA Multi-Asset Real Return ETF has a 52-week low of $25.63 and a 52-week high of $29.24. The stock has a market capitalization of $485.04 million, a P/E ratio of 17.12 and a beta of 0.58.

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.