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

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) shares saw strong trading volume on Wednesday . 147,578 shares were traded during mid-day trading, an increase of 125% from the previous session’s volume of 65,451 shares.The stock last traded at $27.92 and had previously closed at $27.64.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

The company’s fifty day simple moving average is $27.90 and its 200-day simple moving average is $28.09. The firm has a market capitalization of $560.03 million, a PE ratio of 10.44 and a beta of 0.50.

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

Several hedge funds have recently modified their holdings of RLY. Veracity Capital LLC increased its stake in SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the 4th quarter. Veracity Capital LLC now owns 14,137 shares of the company’s stock valued at $382,000 after purchasing an additional 3,269 shares in the last quarter. Harbor Group Inc. increased its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 4.8% in the 4th quarter. Harbor Group Inc. now owns 314,790 shares of the company’s stock valued at $8,506,000 after acquiring an additional 14,450 shares during the period. Retireful LLC purchased a new position in SPDR SSgA Multi-Asset Real Return ETF in the 4th quarter worth $2,039,000. Miracle Mile Advisors LLC lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 24.1% during the 4th quarter. Miracle Mile Advisors LLC now owns 29,301 shares of the company’s stock worth $792,000 after acquiring an additional 5,688 shares during the period. Finally, Corrigan Financial Inc. grew its stake in SPDR SSgA Multi-Asset Real Return ETF by 1.7% during the 4th quarter. Corrigan Financial Inc. now owns 889,587 shares of the company’s stock valued at $24,037,000 after purchasing an additional 14,937 shares during 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.