SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Stake Trimmed by Raymond James & Associates

Raymond James & Associates cut its position in shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 17.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,985 shares of the company’s stock after selling 7,680 shares during the quarter. Raymond James & Associates owned 0.19% of SPDR SSgA Multi-Asset Real Return ETF worth $1,007,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. purchased a new position in shares of SPDR SSgA Multi-Asset Real Return ETF during the first quarter valued at $231,000. Private Advisor Group LLC grew its stake in SPDR SSgA Multi-Asset Real Return ETF by 19.1% during the 1st quarter. Private Advisor Group LLC now owns 15,068 shares of the company’s stock valued at $465,000 after acquiring an additional 2,419 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of SPDR SSgA Multi-Asset Real Return ETF in the 1st quarter valued at about $1,869,000. Cibc World Market Inc. lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 19.5% in the first quarter. Cibc World Market Inc. now owns 49,747 shares of the company’s stock worth $1,534,000 after purchasing an additional 8,105 shares in the last quarter. Finally, Equitable Holdings Inc. purchased a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the first quarter worth approximately $220,000.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

Shares of RLY opened at $27.93 on Monday. The company has a market capitalization of $540.45 million, a PE ratio of 10.28 and a beta of 0.55. The company’s 50 day moving average price is $27.27 and its 200 day moving average price is $26.95. SPDR SSgA Multi-Asset Real Return ETF has a 52 week low of $25.74 and a 52 week high of $28.60.

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.