Elios Financial Group Inc. acquired a new stake in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 227,565 shares of the company’s stock, valued at approximately $6,540,000. SPDR SSgA Multi-Asset Real Return ETF makes up 3.0% of Elios Financial Group Inc.’s holdings, making the stock its 8th largest position.
A number of other hedge funds have also added to or reduced their stakes in the stock. Aviance Capital Partners LLC raised its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 1.3% during the third quarter. Aviance Capital Partners LLC now owns 30,608 shares of the company’s stock valued at $880,000 after acquiring an additional 387 shares in the last quarter. Barnes Pettey Financial Advisors LLC raised its position in SPDR SSgA Multi-Asset Real Return ETF by 3.8% during the 3rd quarter. Barnes Pettey Financial Advisors LLC now owns 11,561 shares of the company’s stock valued at $332,000 after purchasing an additional 421 shares in the last quarter. FSC Wealth Advisors LLC lifted its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 5.5% in the 3rd quarter. FSC Wealth Advisors LLC now owns 11,864 shares of the company’s stock worth $341,000 after buying an additional 621 shares during the period. Cornerstone Wealth Management LLC grew its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 6.9% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 11,994 shares of the company’s stock worth $345,000 after buying an additional 769 shares in the last quarter. Finally, TrinityPoint Wealth LLC increased its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 11.6% during the third quarter. TrinityPoint Wealth LLC now owns 8,644 shares of the company’s stock valued at $248,000 after buying an additional 898 shares during the period.
SPDR SSgA Multi-Asset Real Return ETF Price Performance
Shares of SPDR SSgA Multi-Asset Real Return ETF stock opened at $28.71 on Tuesday. SPDR SSgA Multi-Asset Real Return ETF has a 1 year low of $25.91 and a 1 year high of $29.24. The stock has a market cap of $572.19 million, a price-to-earnings ratio of 10.44 and a beta of 0.50. The firm’s 50-day moving average is $28.63 and its two-hundred day moving average is $28.23.
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.
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