SPDR SSgA Global Allocation ETF $GAL Stock: Robinswood Financial LLC Grows Holdings

Robinswood Financial LLC boosted its holdings in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 22.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 54,949 shares of the company’s stock after acquiring an additional 9,958 shares during the period. SPDR SSgA Global Allocation ETF comprises approximately 0.9% of Robinswood Financial LLC’s holdings, making the stock its 27th largest position. Robinswood Financial LLC’s holdings in SPDR SSgA Global Allocation ETF were worth $2,878,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new position in shares of SPDR SSgA Global Allocation ETF during the second quarter valued at about $115,000. Western Wealth Management LLC bought a new stake in shares of SPDR SSgA Global Allocation ETF during the first quarter worth about $122,000. Citadel Advisors LLC acquired a new stake in shares of SPDR SSgA Global Allocation ETF in the 2nd quarter worth about $279,000. Farther Finance Advisors LLC raised its holdings in shares of SPDR SSgA Global Allocation ETF by 4.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,123 shares of the company’s stock worth $321,000 after acquiring an additional 263 shares during the last quarter. Finally, Silver Oak Securities Incorporated acquired a new stake in shares of SPDR SSgA Global Allocation ETF in the 1st quarter worth about $419,000.

SPDR SSgA Global Allocation ETF Stock Performance

Shares of NYSEARCA GAL opened at $52.59 on Wednesday. SPDR SSgA Global Allocation ETF has a fifty-two week low of $48.37 and a fifty-two week high of $55.24. The stock has a market cap of $319.22 million, a price-to-earnings ratio of 18.24 and a beta of 0.62. The firm’s 50-day simple moving average is $53.31 and its 200 day simple moving average is $52.88.

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.