Wealth Enhancement Trust Services Inc. Invests $18.84 Million in SPDR SSgA Multi-Asset Real Return ETF $RLY
by Amy Steele · The Cerbat GemWealth Enhancement Trust Services Inc. bought a new position in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 598,903 shares of the company’s stock, valued at approximately $18,836,000. SPDR SSgA Multi-Asset Real Return ETF makes up 2.4% of Wealth Enhancement Trust Services Inc.’s portfolio, making the stock its 8th biggest holding. Wealth Enhancement Trust Services Inc. owned approximately 2.94% of SPDR SSgA Multi-Asset Real Return ETF at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the company. HCR Wealth Advisors bought a new stake in shares of SPDR SSgA Multi-Asset Real Return ETF in the 4th quarter worth $333,000. United Advisor Group LLC grew its stake in shares of SPDR SSgA Multi-Asset Real Return ETF by 18.2% in the 4th quarter. United Advisor Group LLC now owns 61,714 shares of the company’s stock worth $1,941,000 after acquiring an additional 9,523 shares in the last quarter. Elevation Capital Advisory LLC bought a new position in SPDR SSgA Multi-Asset Real Return ETF during the fourth quarter valued at about $401,000. Farther Finance Advisors LLC grew its position in SPDR SSgA Multi-Asset Real Return ETF by 42.2% during the fourth quarter. Farther Finance Advisors LLC now owns 21,083 shares of the company’s stock valued at $663,000 after buying an additional 6,256 shares during the period. Finally, RFG Bristol Wealth Advisors LLC grew its position in SPDR SSgA Multi-Asset Real Return ETF by 4.2% during the fourth quarter. RFG Bristol Wealth Advisors LLC now owns 242,734 shares of the company’s stock valued at $7,634,000 after buying an additional 9,821 shares during the period.
SPDR SSgA Multi-Asset Real Return ETF Stock Performance
RLY opened at $36.30 on Friday. The firm has a market cap of $1.08 billion, a P/E ratio of 17.02 and a beta of 0.50. The firm has a 50-day moving average of $35.81 and a 200 day moving average of $33.28. SPDR SSgA Multi-Asset Real Return ETF has a fifty-two week low of $27.38 and a fifty-two week high of $36.77.
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. RLY was launched on Apr 25, 2012 and is managed by State Street.