Cornerstone Advisors Asset Management LLC Grows Holdings in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

Cornerstone Advisors Asset Management LLC increased its position in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 10.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,336 shares of the company’s stock after buying an additional 5,046 shares during the period. Cornerstone Advisors Asset Management LLC owned about 0.27% of SPDR SSgA Multi-Asset Real Return ETF worth $1,441,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. TrinityPoint Wealth LLC lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 11.6% during the third quarter. TrinityPoint Wealth LLC now owns 8,644 shares of the company’s stock worth $248,000 after buying an additional 898 shares during the period. Barnes Pettey Financial Advisors LLC boosted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 3.8% in the third quarter. Barnes Pettey Financial Advisors LLC now owns 11,561 shares of the company’s stock worth $332,000 after acquiring an additional 421 shares during the last quarter. FSC Wealth Advisors LLC grew its holdings in SPDR SSgA Multi-Asset Real Return ETF by 5.5% in the third quarter. FSC Wealth Advisors LLC now owns 11,864 shares of the company’s stock valued at $341,000 after purchasing an additional 621 shares during the period. Flagship Harbor Advisors LLC acquired a new position in SPDR SSgA Multi-Asset Real Return ETF during the fourth quarter worth approximately $364,000. Finally, Veracity Capital LLC raised its stake in SPDR SSgA Multi-Asset Real Return ETF by 30.1% during the fourth quarter. Veracity Capital LLC now owns 14,137 shares of the company’s stock worth $382,000 after purchasing an additional 3,269 shares during the period.

SPDR SSgA Multi-Asset Real Return ETF Stock Up 0.6 %

Shares of RLY opened at $28.53 on Wednesday. The firm has a market cap of $568.60 million, a PE ratio of 10.44 and a beta of 0.50. The company’s fifty day moving average is $27.72 and its two-hundred day moving average is $28.11. SPDR SSgA Multi-Asset Real Return ETF has a fifty-two week low of $26.31 and a fifty-two week high of $29.24.

SPDR SSgA Multi-Asset Real Return ETF 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.