SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Sees Strong Trading Volume – What’s Next?

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) shares saw an uptick in trading volume on Tuesday . 501,175 shares traded hands during mid-day trading, an increase of 343% from the previous session’s volume of 113,232 shares.The stock last traded at $28.41 and had previously closed at $28.47.

SPDR SSgA Multi-Asset Real Return ETF Trading Up 0.1 %

The firm’s 50 day simple moving average is $28.59 and its two-hundred day simple moving average is $28.23. The firm has a market cap of $569.60 million, a price-to-earnings ratio of 10.44 and a beta of 0.50.

Hedge Funds Weigh In On SPDR SSgA Multi-Asset Real Return ETF

Hedge funds have recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in SPDR SSgA Multi-Asset Real Return ETF during the 2nd quarter worth approximately $39,000. ORG Partners LLC acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 2nd quarter valued at $47,000. Matrix Trust Co acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the 3rd quarter valued at $134,000. Fermata Advisors LLC lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 19.3% during the 2nd quarter. Fermata Advisors LLC now owns 8,622 shares of the company’s stock valued at $238,000 after acquiring an additional 1,394 shares during the period. Finally, TrinityPoint Wealth LLC increased its stake in SPDR SSgA Multi-Asset Real Return ETF by 11.6% during the 3rd quarter. TrinityPoint Wealth LLC now owns 8,644 shares of the company’s stock valued at $248,000 after purchasing an additional 898 shares in the last quarter.

About SPDR SSgA Multi-Asset Real Return ETF

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.