Private Advisor Group LLC Makes New Investment in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Private Advisor Group LLC bought a new position in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,520 shares of the company’s stock, valued at approximately $206,000. Private Advisor Group LLC owned approximately 0.08% of SPDR SSgA Global Allocation ETF at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. Creative Planning increased its holdings in SPDR SSgA Global Allocation ETF by 8.6% during the 3rd quarter. Creative Planning now owns 15,718 shares of the company’s stock worth $716,000 after purchasing an additional 1,244 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of SPDR SSgA Global Allocation ETF during the 2nd quarter worth about $272,000. Hancock Whitney Corp boosted its stake in shares of SPDR SSgA Global Allocation ETF by 8.3% during the 2nd quarter. Hancock Whitney Corp now owns 18,701 shares of the company’s stock worth $808,000 after buying an additional 1,439 shares during the last quarter. First Foundation Advisors boosted its stake in shares of SPDR SSgA Global Allocation ETF by 7.1% during the 2nd quarter. First Foundation Advisors now owns 293,308 shares of the company’s stock worth $12,680,000 after buying an additional 19,473 shares during the last quarter. Finally, Larson Financial Group LLC acquired a new position in shares of SPDR SSgA Global Allocation ETF during the 2nd quarter worth about $64,000.

SPDR SSgA Global Allocation ETF Price Performance

SPDR SSgA Global Allocation ETF stock opened at $45.53 on Friday. The firm has a 50-day moving average of $45.03 and a 200-day moving average of $44.07. SPDR SSgA Global Allocation ETF has a one year low of $38.18 and a one year high of $45.79. The company has a market cap of $251.34 million, a price-to-earnings ratio of 15.47 and a beta of 0.69.

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.