Robinswood Financial LLC Invests $2.16 Million in SPDR SSgA Global Allocation ETF $GAL

Robinswood Financial LLC bought a new position in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 43,707 shares of the company’s stock, valued at approximately $2,164,000. SPDR SSgA Global Allocation ETF makes up approximately 2.7% of Robinswood Financial LLC’s investment portfolio, making the stock its 9th biggest position. Robinswood Financial LLC owned 0.75% of SPDR SSgA Global Allocation ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of GAL. 46 Peaks LLC purchased a new stake in SPDR SSgA Global Allocation ETF during the fourth quarter worth approximately $8,454,000. Raymond James Financial Inc. boosted its position in SPDR SSgA Global Allocation ETF by 4.1% during the 3rd quarter. Raymond James Financial Inc. now owns 537,129 shares of the company’s stock worth $26,383,000 after purchasing an additional 21,230 shares during the period. Geneos Wealth Management Inc. increased its holdings in SPDR SSgA Global Allocation ETF by 838.6% in the 4th 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 in the last quarter. Ascentis Independent Advisors increased its holdings in SPDR SSgA Global Allocation ETF by 134.7% in the 1st quarter. Ascentis Independent Advisors now owns 26,572 shares of the company’s stock valued at $1,315,000 after purchasing an additional 15,251 shares in the last quarter. Finally, Gateway Wealth Partners LLC raised its position in SPDR SSgA Global Allocation ETF by 177.3% in the first quarter. Gateway Wealth Partners LLC now owns 22,370 shares of the company’s stock valued at $1,107,000 after purchasing an additional 14,302 shares during the period.

SPDR SSgA Global Allocation ETF Price Performance

NYSEARCA:GAL opened at $52.64 on Monday. The business’s 50-day moving average is $52.93 and its two-hundred day moving average is $51.80. The firm has a market capitalization of $306.36 million, a PE ratio of 18.24 and a beta of 0.61. SPDR SSgA Global Allocation ETF has a 12 month low of $46.73 and a 12 month high of $55.24.

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.