SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. decreased its holdings in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 1.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 540,461 shares of the company’s stock after selling 9,329 shares during the quarter. Mesirow Financial Investment Management Inc. owned about 0.10% of SPDR SSgA Global Allocation ETF worth $24,224,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new stake in SPDR SSgA Global Allocation ETF during the 4th quarter worth about $24,358,000. First Foundation Advisors lifted its position in SPDR SSgA Global Allocation ETF by 2.3% during the 1st quarter. First Foundation Advisors now owns 321,812 shares of the company’s stock worth $14,424,000 after acquiring an additional 7,310 shares during the period. LPL Financial LLC lifted its position in SPDR SSgA Global Allocation ETF by 2.6% during the 1st quarter. LPL Financial LLC now owns 233,616 shares of the company’s stock worth $10,471,000 after acquiring an additional 5,997 shares during the period. Bank of America Corp DE lifted its position in SPDR SSgA Global Allocation ETF by 117.2% during the 4th quarter. Bank of America Corp DE now owns 114,218 shares of the company’s stock worth $5,046,000 after acquiring an additional 61,627 shares during the period. Finally, Wells Fargo & Company MN lifted its position in SPDR SSgA Global Allocation ETF by 1.6% during the 4th quarter. Wells Fargo & Company MN now owns 80,305 shares of the company’s stock worth $3,548,000 after acquiring an additional 1,301 shares during the period.

SPDR SSgA Global Allocation ETF Stock Performance

Shares of GAL opened at $47.41 on Wednesday. The stock has a 50-day moving average of $46.66 and a two-hundred day moving average of $45.46. SPDR SSgA Global Allocation ETF has a one year low of $41.00 and a one year high of $47.66. The stock has a market cap of $260.76 million, a P/E ratio of 18.24 and a beta of 0.67.

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.