Sanctuary Advisors LLC Purchases Shares of 6,425 SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Sanctuary Advisors LLC purchased a new stake in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,425 shares of the company’s stock, valued at approximately $272,000. Sanctuary Advisors LLC owned about 0.12% of SPDR SSgA Global Allocation ETF as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in GAL. First Foundation Advisors grew its position in shares of SPDR SSgA Global Allocation ETF by 7.1% during the second quarter. First Foundation Advisors now owns 293,308 shares of the company’s stock worth $12,680,000 after acquiring an additional 19,473 shares during the last quarter. Bright Financial Advisors Inc. purchased a new position in shares of SPDR SSgA Global Allocation ETF during the first quarter worth approximately $6,957,000. Taylor Financial Group Inc. grew its position in shares of SPDR SSgA Global Allocation ETF by 9.8% during the second quarter. Taylor Financial Group Inc. now owns 47,768 shares of the company’s stock worth $2,065,000 after acquiring an additional 4,281 shares during the last quarter. Golden State Equity Partners purchased a new position in shares of SPDR SSgA Global Allocation ETF during the second quarter worth approximately $2,005,000. Finally, Ameritas Advisory Services LLC grew its position in shares of SPDR SSgA Global Allocation ETF by 1.7% during the second quarter. Ameritas Advisory Services LLC now owns 21,940 shares of the company’s stock worth $948,000 after acquiring an additional 363 shares during the last quarter.

SPDR SSgA Global Allocation ETF Price Performance

Shares of NYSEARCA GAL opened at $45.49 on Friday. The stock has a fifty day moving average price of $44.82 and a 200 day moving average price of $43.81. SPDR SSgA Global Allocation ETF has a 1-year low of $37.04 and a 1-year high of $45.79. The company has a market cap of $251.10 million, a PE ratio of 15.47 and a beta of 0.69.

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.