Golden State Equity Partners purchased a new position in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 46,374 shares of the company’s stock, valued at approximately $2,005,000. Golden State Equity Partners owned about 0.84% of SPDR SSgA Global Allocation ETF at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Mesirow Financial Investment Management Inc. bought a new stake in SPDR SSgA Global Allocation ETF in the 1st quarter valued at about $26,238,000. First Foundation Advisors grew its position in SPDR SSgA Global Allocation ETF by 10.4% during the first quarter. First Foundation Advisors now owns 273,835 shares of the company’s stock worth $11,832,000 after buying an additional 25,809 shares in the last quarter. Bright Financial Advisors Inc. acquired a new stake in SPDR SSgA Global Allocation ETF during the first quarter worth approximately $6,957,000. Taylor Financial Group Inc. bought a new position in SPDR SSgA Global Allocation ETF during the 4th quarter worth $1,736,000. Finally, Win Advisors Inc. acquired a new position in SPDR SSgA Global Allocation ETF in the 4th quarter valued at $1,436,000.
SPDR SSgA Global Allocation ETF Stock Performance
Shares of SPDR SSgA Global Allocation ETF stock traded up $0.14 on Friday, reaching $44.78. 6,401 shares of the stock were exchanged, compared to its average volume of 14,561. The firm has a market cap of $247.19 million, a PE ratio of 15.47 and a beta of 0.69. The firm’s 50 day moving average is $43.82 and its 200-day moving average is $43.19. SPDR SSgA Global Allocation ETF has a one year low of $37.04 and a one year high of $44.96.
About SPDR SSgA Global Allocation ETF
The SPDR SSgA Global Allocation ETF (GAL) is an exchange-traded fund that is based on the MSCI ACWI IMI index. The fund is an actively-managed fund of funds that provides the majority of its returns from capital gains by investing across asset classes. GAL was launched on Apr 25, 2012 and is managed by State Street.
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