Miracle Mile Advisors LLC Sells 12,396 Shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

Miracle Mile Advisors LLC lessened its stake in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 42.3% in the first quarter, HoldingsChannel reports. The fund owned 16,905 shares of the company’s stock after selling 12,396 shares during the period. Miracle Mile Advisors LLC’s holdings in SPDR SSgA Multi-Asset Real Return ETF were worth $482,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Jones Financial Companies Lllp increased its holdings in SPDR SSgA Multi-Asset Real Return ETF by 751.7% during the 4th quarter. Jones Financial Companies Lllp now owns 988 shares of the company’s stock valued at $27,000 after purchasing an additional 872 shares during the period. SBI Securities Co. Ltd. purchased a new position in SPDR SSgA Multi-Asset Real Return ETF during the 4th quarter valued at about $66,000. Smartleaf Asset Management LLC purchased a new position in SPDR SSgA Multi-Asset Real Return ETF during the 4th quarter valued at about $67,000. Pasadena Private Wealth LLC increased its holdings in SPDR SSgA Multi-Asset Real Return ETF by 13.3% during the 4th quarter. Pasadena Private Wealth LLC now owns 7,923 shares of the company’s stock valued at $214,000 after purchasing an additional 928 shares during the period. Finally, NorthRock Partners LLC purchased a new position in SPDR SSgA Multi-Asset Real Return ETF during the 4th quarter valued at about $238,000.

SPDR SSgA Multi-Asset Real Return ETF Price Performance

Shares of NYSEARCA:RLY opened at $29.09 on Wednesday. SPDR SSgA Multi-Asset Real Return ETF has a 1 year low of $25.63 and a 1 year high of $29.24. The company has a market cap of $494.82 million, a PE ratio of 17.02 and a beta of 0.58. The stock’s 50-day moving average is $28.03 and its 200 day moving average is $28.00.

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.