Mesirow Financial Investment Management Inc. reduced its stake in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL – Free Report) by 2.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 479,230 shares of the company’s stock after selling 11,284 shares during the period. Mesirow Financial Investment Management Inc. owned approximately 7.92% of SPDR SSgA Global Allocation ETF worth $25,123,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. grew its stake in shares of SPDR SSgA Global Allocation ETF by 55.5% in the first quarter. Geneos Wealth Management Inc. now owns 30,645 shares of the company’s stock valued at $1,517,000 after buying an additional 10,935 shares in the last quarter. Robinswood Financial LLC purchased a new stake in shares of SPDR SSgA Global Allocation ETF during the 1st quarter valued at about $2,164,000. Gateway Wealth Partners LLC raised its holdings in shares of SPDR SSgA Global Allocation ETF by 177.3% during the 1st quarter. Gateway Wealth Partners LLC now owns 22,370 shares of the company’s stock valued at $1,107,000 after buying an additional 14,302 shares during the period. Busey Bank purchased a new stake in shares of SPDR SSgA Global Allocation ETF during the 3rd quarter valued at about $683,000. Finally, Western Wealth Management LLC acquired a new position in SPDR SSgA Global Allocation ETF during the 1st quarter worth approximately $122,000.
SPDR SSgA Global Allocation ETF Trading Down 0.6%
NYSEARCA GAL opened at $51.93 on Wednesday. The company’s fifty day simple moving average is $52.83 and its 200-day simple moving average is $52.31. SPDR SSgA Global Allocation ETF has a 52 week low of $48.37 and a 52 week high of $55.24. The stock has a market cap of $326.12 million, a P/E ratio of 18.24 and a beta of 0.62.
SPDR SSgA Global Allocation ETF Company Profile
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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