Mesirow Financial Investment Management Inc. Has $24.69 Million Stock Position in SPDR SSgA Global Allocation ETF $GAL

Mesirow Financial Investment Management Inc. lessened its holdings in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 6.6% during the third quarter, HoldingsChannel reports. The firm owned 502,702 shares of the company’s stock after selling 35,714 shares during the quarter. Mesirow Financial Investment Management Inc. owned 0.09% of SPDR SSgA Global Allocation ETF worth $24,692,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Key Financial Inc grew its position in SPDR SSgA Global Allocation ETF by 47.4% in the third quarter. Key Financial Inc now owns 1,518 shares of the company’s stock valued at $75,000 after acquiring an additional 488 shares during the last quarter. Geneos Wealth Management Inc. bought a new position in SPDR SSgA Global Allocation ETF in the 3rd quarter valued at approximately $103,000. Farther Finance Advisors LLC grew its stake in shares of SPDR SSgA Global Allocation ETF by 311.1% during the third quarter. Farther Finance Advisors LLC now owns 2,376 shares of the company’s stock worth $117,000 after buying an additional 1,798 shares during the last quarter. GGM Financials LLC bought a new position in shares of SPDR SSgA Global Allocation ETF in the 3rd quarter valued at $123,000. Finally, WealthShield Partners LLC raised its position in SPDR SSgA Global Allocation ETF by 6.8% in the third quarter. WealthShield Partners LLC now owns 4,466 shares of the company’s stock valued at $219,000 after purchasing an additional 283 shares during the last quarter.

SPDR SSgA Global Allocation ETF Price Performance

NYSEARCA:GAL opened at $51.95 on Thursday. The company has a market cap of $288.84 million, a PE ratio of 18.24 and a beta of 0.63. The firm’s 50 day simple moving average is $50.72 and its 200 day simple moving average is $49.70. SPDR SSgA Global Allocation ETF has a one year low of $41.00 and a one year high of $51.97.

SPDR SSgA Global Allocation ETF Company Profile

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.