Farther Finance Advisors LLC Buys 7,795 Shares of SPDR SSgA Multi-Asset Real Return ETF $RLY

Farther Finance Advisors LLC increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 70,863.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,806 shares of the company’s stock after acquiring an additional 7,795 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR SSgA Multi-Asset Real Return ETF were worth $227,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. MAI Capital Management raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 472.6% in the first quarter. MAI Capital Management now owns 1,695 shares of the company’s stock valued at $48,000 after buying an additional 1,399 shares during the period. Schmidt P J Investment Management Inc. bought a new stake in SPDR SSgA Multi-Asset Real Return ETF in the first quarter valued at approximately $217,000. Sovran Advisors LLC bought a new stake in SPDR SSgA Multi-Asset Real Return ETF in the first quarter valued at approximately $221,000. Royal Bank of Canada raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 27.0% in the first quarter. Royal Bank of Canada now owns 8,131 shares of the company’s stock valued at $232,000 after buying an additional 1,729 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 119.7% in the first quarter. Advisors Asset Management Inc. now owns 11,007 shares of the company’s stock valued at $314,000 after buying an additional 5,996 shares during the period.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

Shares of NYSEARCA RLY opened at $30.88 on Wednesday. The firm has a market cap of $541.33 million, a P/E ratio of 17.02 and a beta of 0.70. SPDR SSgA Multi-Asset Real Return ETF has a 1-year low of $25.63 and a 1-year high of $30.98. The business’s 50 day moving average is $30.15 and its 200-day moving average is $29.10.

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.