SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) Sees Unusually-High Trading Volume – Should You Buy?

Posted by Teresa Graham on Dec 20th, 2024

SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Get Free Report) saw unusually-high trading volume on Friday . Approximately 514,184 shares changed hands during 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 Price Performance

The company has a market capitalization of $542.89 million, a PE ratio of 10.44 and a beta of 0.50. The stock’s 50 day simple moving average is $28.45 and its 200-day simple moving average is $28.18.

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

Several hedge funds have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. acquired a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the second quarter valued at approximately $48,906,000. XML Financial LLC purchased a new position in SPDR SSgA Multi-Asset Real Return ETF during the 3rd quarter worth $7,089,000. Elios Financial Group Inc. acquired a new position in SPDR SSgA Multi-Asset Real Return ETF in the third quarter valued at $6,540,000. Creative Financial Designs Inc. ADV increased its stake in SPDR SSgA Multi-Asset Real Return ETF by 554.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 156,249 shares of the company’s stock valued at $4,491,000 after purchasing an additional 132,391 shares during the period. Finally, Larson Financial Group LLC raised its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 177.4% in the third quarter. Larson Financial Group LLC now owns 88,765 shares of the company’s stock valued at $2,551,000 after buying an additional 56,769 shares during the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Company Profile

(Get Free Report)

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.