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

Shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) saw unusually-high trading volume on Friday . Approximately 514,184 shares traded hands during mid-day trading, an increase of 349% from the previous session’s volume of 114,415 shares.The stock last traded at $27.23 and had previously closed at $26.97.

SPDR SSgA Multi-Asset Real Return ETF Stock Up 1.0 %

The business’s 50 day moving average is $28.45 and its 200 day moving average is $28.18. The company has a market cap of $542.89 million, a P/E ratio of 10.44 and a beta of 0.50.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in RLY. International Assets Investment Management LLC purchased a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF during the second quarter valued at $39,000. Matrix Trust Co purchased a new stake in SPDR SSgA Multi-Asset Real Return ETF in the 3rd quarter worth approximately $134,000. TrinityPoint Wealth LLC grew its position in 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. Barnes Pettey Financial Advisors LLC grew its position in shares of 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 acquiring an additional 421 shares during the period. Finally, FSC Wealth Advisors LLC increased its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 5.5% in the third quarter. FSC Wealth Advisors LLC now owns 11,864 shares of the company’s stock valued at $341,000 after buying an additional 621 shares in the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Company 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.