Thrivent Financial for Lutherans Grows Holdings in SPDR SSgA Multi-Asset Real Return ETF $RLY

Thrivent Financial for Lutherans lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 81.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 134,661 shares of the company’s stock after buying an additional 60,353 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.68% of SPDR SSgA Multi-Asset Real Return ETF worth $4,158,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of RLY. Harbour Investments Inc. raised its holdings in SPDR SSgA Multi-Asset Real Return ETF by 14.9% in the 2nd quarter. Harbour Investments Inc. now owns 3,159 shares of the company’s stock valued at $92,000 after acquiring an additional 410 shares during the last quarter. Cetera Investment Advisers increased its stake in SPDR SSgA Multi-Asset Real Return ETF by 3.1% in the second quarter. Cetera Investment Advisers now owns 19,930 shares of the company’s stock valued at $580,000 after purchasing an additional 607 shares during the last quarter. Schmidt P J Investment Management Inc. lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 7.8% during the third quarter. Schmidt P J Investment Management Inc. now owns 9,895 shares of the company’s stock worth $306,000 after buying an additional 720 shares during the period. IFG Advisory LLC boosted its stake in SPDR SSgA Multi-Asset Real Return ETF by 3.6% in the 2nd quarter. IFG Advisory LLC now owns 22,998 shares of the company’s stock worth $669,000 after buying an additional 798 shares during the last quarter. Finally, Pasadena Private Wealth LLC increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 8.3% during the 2nd quarter. Pasadena Private Wealth LLC now owns 12,447 shares of the company’s stock valued at $362,000 after acquiring an additional 950 shares during the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

RLY opened at $34.35 on Friday. The company’s 50 day simple moving average is $32.58 and its 200 day simple moving average is $31.30. SPDR SSgA Multi-Asset Real Return ETF has a 1 year low of $25.63 and a 1 year high of $35.18. The stock has a market capitalization of $718.60 million, a PE ratio of 17.02 and a beta of 0.57.

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. RLY was launched on Apr 25, 2012 and is managed by State Street.