Golden State Wealth Management LLC Buys New Position in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Golden State Wealth Management LLC purchased a new stake in SPDR SSgA Global Allocation ETF (NYSEARCA:GALFree Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 26,909 shares of the company’s stock, valued at approximately $1,189,000.

A number of other hedge funds have also added to or reduced their stakes in GAL. Retireful LLC purchased a new position in shares of SPDR SSgA Global Allocation ETF during the 4th quarter worth approximately $1,343,000. Win Advisors Inc. bought a new stake in shares of SPDR SSgA Global Allocation ETF during the fourth quarter valued at approximately $879,000. Hancock Whitney Corp grew its stake in SPDR SSgA Global Allocation ETF by 91.4% in the third quarter. Hancock Whitney Corp now owns 35,801 shares of the company’s stock worth $1,630,000 after purchasing an additional 17,100 shares during the period. Kovitz Investment Group Partners LLC bought a new position in SPDR SSgA Global Allocation ETF in the third quarter worth $462,000. Finally, Silver Oak Securities Incorporated bought a new position in SPDR SSgA Global Allocation ETF in the fourth quarter worth $456,000.

SPDR SSgA Global Allocation ETF Trading Up 0.1 %

Shares of GAL stock opened at $45.38 on Friday. The company’s fifty day moving average price is $44.93 and its 200-day moving average price is $44.77. The stock has a market cap of $250.50 million, a PE ratio of 15.47 and a beta of 0.69. SPDR SSgA Global Allocation ETF has a 12 month low of $41.17 and a 12 month high of $46.17.

About SPDR SSgA Global Allocation ETF

(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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Want to see what other hedge funds are holding GAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR SSgA Global Allocation ETF (NYSEARCA:GALFree Report).

Institutional Ownership by Quarter for SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

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