SPDR SSgA Global Allocation ETF (NYSEARCA:GAL – Get Free Report) shot up 0.9% during trading on Monday . The company traded as high as $53.79 and last traded at $53.75. Approximately 4,124 shares changed hands during trading, a decline of 71% from the average session volume of 14,156 shares. The stock had previously closed at $53.27.
SPDR SSgA Global Allocation ETF Trading Up 0.9%
The stock has a market capitalization of $312.82 million, a P/E ratio of 18.24 and a beta of 0.62. The stock’s fifty day moving average price is $53.36 and its two-hundred day moving average price is $52.45.
Hedge Funds Weigh In On SPDR SSgA Global Allocation ETF
A number of large investors have recently added to or reduced their stakes in GAL. 46 Peaks LLC lifted its stake in SPDR SSgA Global Allocation ETF by 2.1% in the first quarter. 46 Peaks LLC now owns 174,483 shares of the company’s stock worth $8,637,000 after purchasing an additional 3,526 shares during the last quarter. Robinswood Financial LLC bought a new position in shares of SPDR SSgA Global Allocation ETF during the first quarter valued at about $2,164,000. Geneos Wealth Management Inc. increased its holdings 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 worth $1,517,000 after buying an additional 10,935 shares during the period. Ameritas Advisory Services LLC increased its holdings in shares of SPDR SSgA Global Allocation ETF by 32.6% in the second quarter. Ameritas Advisory Services LLC now owns 29,963 shares of the company’s stock worth $1,583,000 after buying an additional 7,359 shares during the period. Finally, Ascentis Independent Advisors increased its holdings in shares of SPDR SSgA Global Allocation ETF by 134.7% in the first quarter. Ascentis Independent Advisors now owns 26,572 shares of the company’s stock worth $1,315,000 after buying an additional 15,251 shares during the period.
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.
Featured Articles
- Five stocks we like better than SPDR SSgA Global Allocation ETF
- Can Bloom Energy Pop the Top Off AI’s Massive Energy Bottleneck?
- Coach’s Momentum Powers Tapestry Despite the Stock’s Sharp Pullback
- AI Is Reshaping SaaS—These 2 Software ETFs Offer Different Ways to Play It
- Insiders Signal Deep Value In DICK’s Sporting Goods
Receive News & Ratings for SPDR SSgA Global Allocation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR SSgA Global Allocation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
