SPDR SSgA Global Allocation ETF $GAL Shares Purchased by Taylor Financial Group Inc.

Taylor Financial Group Inc. increased its stake in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 12.9% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 69,682 shares of the company’s stock after acquiring an additional 7,972 shares during the period. SPDR SSgA Global Allocation ETF makes up approximately 2.0% of Taylor Financial Group Inc.’s holdings, making the stock its 12th largest holding. Taylor Financial Group Inc. owned about 1.27% of SPDR SSgA Global Allocation ETF worth $3,275,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GAL. Jones Financial Companies Lllp raised its stake in shares of 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. Bright Financial Advisors Inc. grew its holdings in SPDR SSgA Global Allocation ETF by 5.5% during the 2nd quarter. Bright Financial Advisors Inc. now owns 159,656 shares of the company’s stock valued at $7,504,000 after purchasing an additional 8,394 shares in the last quarter. OLD National Bancorp IN purchased a new position in SPDR SSgA Global Allocation ETF in the 2nd quarter valued at about $388,000. First Foundation Advisors boosted its position in SPDR SSgA Global Allocation ETF by 2.3% in the 1st quarter. First Foundation Advisors now owns 321,812 shares of the company’s stock valued at $14,424,000 after buying an additional 7,310 shares during the last quarter. Finally, LPL Financial LLC boosted its position in SPDR SSgA Global Allocation ETF by 2.6% in the 1st quarter. LPL Financial LLC now owns 233,616 shares of the company’s stock valued at $10,471,000 after buying an additional 5,997 shares during the last quarter.

SPDR SSgA Global Allocation ETF Price Performance

NYSEARCA:GAL opened at $50.13 on Tuesday. SPDR SSgA Global Allocation ETF has a 1-year low of $41.00 and a 1-year high of $50.13. The firm has a 50-day moving average of $48.92 and a two-hundred day moving average of $47.14. The stock has a market cap of $270.70 million, a P/E ratio of 18.24 and a beta of 0.63.

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.