Mesirow Financial Investment Management Inc. lessened its stake in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL – Free Report) by 2.3% during the third quarter, Holdings Channel.com reports. The fund owned 479,230 shares of the company’s stock after selling 11,284 shares during the period. Mesirow Financial Investment Management Inc. owned 0.08% of SPDR SSgA Global Allocation ETF worth $25,123,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in GAL. Robinswood Financial LLC acquired a new stake in SPDR SSgA Global Allocation ETF during the 1st quarter worth about $2,164,000. Gateway Wealth Partners LLC grew its stake in 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 acquiring an additional 14,302 shares in the last quarter. Busey Bank purchased a new position in SPDR SSgA Global Allocation ETF during the 3rd quarter valued at about $683,000. Commonwealth Equity Services LLC acquired a new position in shares of SPDR SSgA Global Allocation ETF in the 3rd quarter valued at about $592,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of SPDR SSgA Global Allocation ETF by 55.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 30,645 shares of the company’s stock valued at $1,517,000 after purchasing an additional 10,935 shares during the period.
SPDR SSgA Global Allocation ETF Price Performance
Shares of GAL opened at $51.93 on Wednesday. The business’s 50-day moving average is $52.83 and its 200-day moving average is $52.31. The company has a market capitalization of $326.12 million, a price-to-earnings ratio of 18.24 and a beta of 0.62. SPDR SSgA Global Allocation ETF has a fifty-two week low of $48.37 and a fifty-two week high of $55.24.
SPDR SSgA Global Allocation ETF 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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Want to see what other hedge funds are holding GAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR SSgA Global Allocation ETF (NYSEARCA:GAL – Free Report).
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