SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) Trading Down 0.2% – Here’s What Happened

SPDR SSgA Global Allocation ETF (NYSEARCA:GALGet Free Report)’s share price traded down 0.2% during mid-day trading on Monday . The stock traded as low as $53.65 and last traded at $53.71. Approximately 14,636 shares were traded during trading, an increase of 0% from the average daily volume of 14,602 shares. The stock had previously closed at $53.81.

SPDR SSgA Global Allocation ETF Stock Performance

The stock has a market cap of $312.59 million, a price-to-earnings ratio of 18.24 and a beta of 0.61. The business’s fifty day simple moving average is $53.06 and its 200 day simple moving average is $52.13.

Institutional Trading of SPDR SSgA Global Allocation ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Capital Analysts LLC acquired a new position in shares of SPDR SSgA Global Allocation ETF in the fourth quarter worth about $60,000. Western Wealth Management LLC acquired a new stake in SPDR SSgA Global Allocation ETF during the 1st quarter valued at approximately $122,000. Jane Street Group LLC acquired a new stake in SPDR SSgA Global Allocation ETF during the 1st quarter valued at approximately $207,000. Farther Finance Advisors LLC grew its stake in SPDR SSgA Global Allocation ETF by 89.6% during the 4th quarter. Farther Finance Advisors LLC now owns 4,505 shares of the company’s stock valued at $223,000 after purchasing an additional 2,129 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in SPDR SSgA Global Allocation ETF by 7,601.8% during the 1st quarter. Jones Financial Companies Lllp now owns 8,780 shares of the company’s stock worth $394,000 after purchasing an additional 8,666 shares during the last quarter.

About SPDR SSgA Global Allocation ETF

(Get Free Report)

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.

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