SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Get Free Report) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 64,711 shares, a decline of 41.6% from the July 30th total of 110,886 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 141,661 shares, the days-to-cover ratio is presently 0.5 days.
Institutional Trading of SPDR SSgA Multi-Asset Real Return ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of RLY. Hantz Financial Services Inc. lifted its stake in SPDR SSgA Multi-Asset Real Return ETF by 11.7% in the 4th quarter. Hantz Financial Services Inc. now owns 1,857,277 shares of the company’s stock worth $58,411,000 after purchasing an additional 194,782 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 3.4% in the first quarter. D.A. Davidson & CO. now owns 1,540,561 shares of the company’s stock worth $55,691,000 after purchasing an additional 50,427 shares during the period. Tobias Financial Advisors Inc. increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 0.8% in the second quarter. Tobias Financial Advisors Inc. now owns 1,079,223 shares of the company’s stock worth $37,244,000 after purchasing an additional 8,197 shares during the period. Bank of America Corp DE raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 7.1% in the first quarter. Bank of America Corp DE now owns 888,051 shares of the company’s stock worth $32,103,000 after buying an additional 58,681 shares in the last quarter. Finally, Capital Analysts LLC raised its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 5.8% in the fourth quarter. Capital Analysts LLC now owns 706,302 shares of the company’s stock worth $22,214,000 after buying an additional 38,558 shares in the last quarter.
SPDR SSgA Multi-Asset Real Return ETF Price Performance
Shares of RLY traded up $0.09 during midday trading on Monday, hitting $37.54. 106,831 shares of the company traded hands, compared to its average volume of 217,269. SPDR SSgA Multi-Asset Real Return ETF has a one year low of $30.08 and a one year high of $37.89. The firm has a market cap of $1.32 billion, a P/E ratio of 17.02 and a beta of 0.46. The stock has a 50-day moving average of $35.96 and a 200-day moving average of $36.08.
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. RLY was launched on Apr 25, 2012 and is managed by State Street.
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