Robinswood Financial LLC Takes $2.16 Million Position in SPDR SSgA Global Allocation ETF $GAL

Robinswood Financial LLC bought a new position in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) during the first quarter, HoldingsChannel reports. The institutional investor bought 43,707 shares of the company’s stock, valued at approximately $2,164,000. SPDR SSgA Global Allocation ETF accounts for approximately 2.7% of Robinswood Financial LLC’s investment portfolio, making the stock its 9th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in GAL. 46 Peaks LLC acquired a new stake in SPDR SSgA Global Allocation ETF during the 4th quarter valued at $8,454,000. Raymond James Financial Inc. lifted its holdings in SPDR SSgA Global Allocation ETF by 4.1% in the 3rd quarter. Raymond James Financial Inc. now owns 537,129 shares of the company’s stock worth $26,383,000 after buying an additional 21,230 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in SPDR SSgA Global Allocation ETF by 838.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 19,710 shares of the company’s stock valued at $975,000 after buying an additional 17,610 shares during the last quarter. Ascentis Independent Advisors boosted its position in SPDR SSgA Global Allocation ETF by 134.7% in the 1st quarter. Ascentis Independent Advisors now owns 26,572 shares of the company’s stock valued at $1,315,000 after buying an additional 15,251 shares during the last quarter. Finally, Gateway Wealth Partners LLC grew its stake in shares of SPDR SSgA Global Allocation ETF by 177.3% during the first 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.

SPDR SSgA Global Allocation ETF Price Performance

Shares of SPDR SSgA Global Allocation ETF stock opened at $52.64 on Monday. SPDR SSgA Global Allocation ETF has a 1-year low of $46.73 and a 1-year high of $55.24. The company has a market capitalization of $306.36 million, a PE ratio of 18.24 and a beta of 0.61. The business has a 50-day moving average of $52.93 and a 200-day moving average of $51.80.

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.