Bank of New York Mellon Corp Makes New Investment in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

Bank of New York Mellon Corp purchased a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) during the 4th quarter, HoldingsChannel reports. The fund purchased 10,039 shares of the company’s stock, valued at approximately $271,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. raised its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 0.6% in the 4th quarter. Hantz Financial Services Inc. now owns 2,012,147 shares of the company’s stock worth $54,368,000 after purchasing an additional 12,784 shares in the last quarter. D.A. Davidson & CO. grew its position in SPDR SSgA Multi-Asset Real Return ETF by 5.7% in the fourth quarter. D.A. Davidson & CO. now owns 1,130,994 shares of the company’s stock worth $30,559,000 after buying an additional 61,091 shares during the last quarter. Corrigan Financial Inc. grew its position in SPDR SSgA Multi-Asset Real Return ETF by 1.7% in the fourth quarter. Corrigan Financial Inc. now owns 889,587 shares of the company’s stock worth $24,037,000 after buying an additional 14,937 shares during the last quarter. First International Bank & Trust increased its holdings in shares of SPDR SSgA Multi-Asset Real Return ETF by 4.4% in the fourth quarter. First International Bank & Trust now owns 843,441 shares of the company’s stock valued at $22,790,000 after buying an additional 35,410 shares in the last quarter. Finally, New England Capital Financial Advisors LLC lifted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 119,914.1% during the 4th quarter. New England Capital Financial Advisors LLC now owns 476,456 shares of the company’s stock valued at $12,874,000 after acquiring an additional 476,059 shares during the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Stock Down 0.3 %

Shares of NYSEARCA RLY opened at $28.42 on Friday. The stock’s fifty day simple moving average is $28.13 and its 200 day simple moving average is $28.19. The stock has a market capitalization of $486.27 million, a price-to-earnings ratio of 17.56 and a beta of 0.67. SPDR SSgA Multi-Asset Real Return ETF has a 52-week low of $26.76 and a 52-week high of $29.24.

About SPDR SSgA Multi-Asset Real Return ETF

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.