Eldridge Investment Advisors Inc. Purchases 18,340 Shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

Eldridge Investment Advisors Inc. increased its position in shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 6.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 308,329 shares of the company’s stock after buying an additional 18,340 shares during the period. SPDR SSgA Multi-Asset Real Return ETF comprises 1.9% of Eldridge Investment Advisors Inc.’s portfolio, making the stock its 12th biggest holding. Eldridge Investment Advisors Inc.’s holdings in SPDR SSgA Multi-Asset Real Return ETF were worth $8,331,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. New England Capital Financial Advisors LLC grew its stake in SPDR SSgA Multi-Asset Real Return ETF by 119,914.1% in the fourth quarter. New England Capital Financial Advisors LLC now owns 476,456 shares of the company’s stock valued at $12,874,000 after purchasing an additional 476,059 shares in the last quarter. Hantz Financial Services Inc. grew its stake in SPDR SSgA Multi-Asset Real Return ETF by 13.0% in the third quarter. Hantz Financial Services Inc. now owns 1,999,363 shares of the company’s stock valued at $57,462,000 after purchasing an additional 229,342 shares in the last quarter. Elios Financial Group Inc. bought a new position in SPDR SSgA Multi-Asset Real Return ETF in the third quarter valued at approximately $6,540,000. Raymond James Financial Inc. bought a new position in SPDR SSgA Multi-Asset Real Return ETF in the fourth quarter valued at approximately $5,414,000. Finally, Larson Financial Group LLC grew its stake in SPDR SSgA Multi-Asset Real Return ETF by 173.7% in the fourth quarter. Larson Financial Group LLC now owns 242,987 shares of the company’s stock valued at $6,565,000 after purchasing an additional 154,222 shares in the last quarter.

SPDR SSgA Multi-Asset Real Return ETF Stock Up 1.3 %

RLY opened at $28.18 on Friday. SPDR SSgA Multi-Asset Real Return ETF has a 12-month low of $26.76 and a 12-month high of $29.24. The stock has a market cap of $492.02 million, a price-to-earnings ratio of 17.03 and a beta of 0.67. The business has a 50 day moving average of $27.94 and a 200-day moving average of $28.14.

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.