Mesirow Financial Investment Management Inc. Sells 125,885 Shares of SPDR SSgA Global Allocation ETF $GAL

Mesirow Financial Investment Management Inc. trimmed its position in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 25.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 376,817 shares of the company’s stock after selling 125,885 shares during the quarter. Mesirow Financial Investment Management Inc. owned about 0.07% of SPDR SSgA Global Allocation ETF worth $18,633,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of GAL. Raymond James Financial Inc. grew its holdings in SPDR SSgA Global Allocation ETF by 4.1% during the third quarter. Raymond James Financial Inc. now owns 537,129 shares of the company’s stock valued at $26,383,000 after purchasing an additional 21,230 shares during the period. Bright Financial Advisors Inc. grew its holdings in SPDR SSgA Global Allocation ETF by 11.6% during the third quarter. Bright Financial Advisors Inc. now owns 178,185 shares of the company’s stock valued at $8,752,000 after purchasing an additional 18,529 shares during the period. Geneos Wealth Management Inc. grew its holdings in SPDR SSgA Global Allocation ETF by 838.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 19,710 shares of the company’s stock valued at $975,000 after purchasing an additional 17,610 shares during the period. Jones Financial Companies Lllp grew its holdings in SPDR SSgA Global Allocation ETF by 7,601.8% during the first quarter. Jones Financial Companies Lllp now owns 8,780 shares of the company’s stock valued at $394,000 after purchasing an additional 8,666 shares during the period. Finally, Taylor Financial Group Inc. grew its holdings in SPDR SSgA Global Allocation ETF by 7.9% during the third quarter. Taylor Financial Group Inc. now owns 75,211 shares of the company’s stock valued at $3,694,000 after purchasing an additional 5,529 shares during the period.

SPDR SSgA Global Allocation ETF Trading Up 0.3%

Shares of NYSEARCA GAL opened at $53.25 on Thursday. The stock has a fifty day simple moving average of $51.00 and a two-hundred day simple moving average of $50.56. SPDR SSgA Global Allocation ETF has a 1-year low of $45.40 and a 1-year high of $55.24. The firm has a market cap of $312.05 million, a price-to-earnings ratio of 18.24 and a beta of 0.62.

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.