Eldridge Investment Advisors Inc. Has $7.86 Million Stock Holdings in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

Eldridge Investment Advisors Inc. lessened its stake in shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 0.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 288,734 shares of the company’s stock after selling 1,749 shares during the quarter. SPDR SSgA Multi-Asset Real Return ETF comprises about 2.1% of Eldridge Investment Advisors Inc.’s investment portfolio, making the stock its 13th biggest position. Eldridge Investment Advisors Inc.’s holdings in SPDR SSgA Multi-Asset Real Return ETF were worth $7,859,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. ORG Partners LLC increased its position in SPDR SSgA Multi-Asset Real Return ETF by 77.5% during the fourth quarter. ORG Partners LLC now owns 1,834 shares of the company’s stock worth $50,000 after acquiring an additional 801 shares during the period. Kestra Advisory Services LLC bought a new position in SPDR SSgA Multi-Asset Real Return ETF during the third quarter worth about $238,000. Cornerstone Wealth Management LLC bought a new position in SPDR SSgA Multi-Asset Real Return ETF during the third quarter worth about $240,000. FSC Wealth Advisors LLC increased its position in SPDR SSgA Multi-Asset Real Return ETF by 61.0% during the fourth quarter. FSC Wealth Advisors LLC now owns 9,666 shares of the company’s stock worth $263,000 after acquiring an additional 3,662 shares during the period. Finally, Orion Portfolio Solutions LLC increased its position in SPDR SSgA Multi-Asset Real Return ETF by 16.4% during the third quarter. Orion Portfolio Solutions LLC now owns 12,039 shares of the company’s stock worth $325,000 after acquiring an additional 1,696 shares during the period.

SPDR SSgA Multi-Asset Real Return ETF Stock Performance

NYSEARCA:RLY traded up $0.30 during mid-day trading on Thursday, reaching $28.03. 27,939 shares of the company’s stock were exchanged, compared to its average volume of 152,395. SPDR SSgA Multi-Asset Real Return ETF has a one year low of $25.74 and a one year high of $28.60. The firm has a market capitalization of $576.58 million, a PE ratio of 10.23 and a beta of 0.52. The business’s fifty day simple moving average is $27.56 and its two-hundred day simple moving average is $27.03.

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.