Private Advisor Group LLC Acquires 666 Shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Private Advisor Group LLC raised its holdings in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 14.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,186 shares of the company’s stock after acquiring an additional 666 shares during the quarter. Private Advisor Group LLC owned about 0.09% of SPDR SSgA Global Allocation ETF worth $229,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Retireful LLC bought a new position in shares of SPDR SSgA Global Allocation ETF during the fourth quarter worth $1,343,000. Golden State Wealth Management LLC bought a new position in shares of SPDR SSgA Global Allocation ETF during the fourth quarter worth $1,189,000. Win Advisors Inc. bought a new position in shares of SPDR SSgA Global Allocation ETF during the fourth quarter worth $879,000. Hancock Whitney Corp boosted its position in shares of SPDR SSgA Global Allocation ETF by 91.4% during the third quarter. Hancock Whitney Corp now owns 35,801 shares of the company’s stock worth $1,630,000 after purchasing an additional 17,100 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC bought a new position in shares of SPDR SSgA Global Allocation ETF during the third quarter worth $462,000.

SPDR SSgA Global Allocation ETF Stock Down 0.6 %

Shares of NYSEARCA GAL opened at $45.30 on Friday. The stock has a market cap of $240.54 million, a price-to-earnings ratio of 18.25 and a beta of 0.70. SPDR SSgA Global Allocation ETF has a twelve month low of $41.67 and a twelve month high of $46.17. The company’s fifty day moving average is $44.94 and its 200-day moving average is $45.04.

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.