Robinswood Financial LLC Buys 9,958 Shares of SPDR SSgA Global Allocation ETF $GAL

Robinswood Financial LLC grew its stake in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 22.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,949 shares of the company’s stock after purchasing an additional 9,958 shares during the period. SPDR SSgA Global Allocation ETF makes up 0.9% of Robinswood Financial LLC’s investment portfolio, making the stock its 27th biggest holding. Robinswood Financial LLC owned about 0.91% of SPDR SSgA Global Allocation ETF worth $2,878,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Farther Finance Advisors LLC increased its position in SPDR SSgA Global Allocation ETF by 4.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,123 shares of the company’s stock valued at $321,000 after buying an additional 263 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in SPDR SSgA Global Allocation ETF during the 2nd quarter worth approximately $115,000. Citadel Advisors LLC bought a new position in SPDR SSgA Global Allocation ETF in the second quarter worth approximately $279,000. Ameritas Advisory Services LLC boosted its holdings in SPDR SSgA Global Allocation ETF by 32.6% in the second quarter. Ameritas Advisory Services LLC now owns 29,963 shares of the company’s stock worth $1,583,000 after acquiring an additional 7,359 shares in the last quarter. Finally, Western Wealth Management LLC bought a new position in SPDR SSgA Global Allocation ETF in the first quarter worth approximately $122,000.

SPDR SSgA Global Allocation ETF Stock Performance

Shares of SPDR SSgA Global Allocation ETF stock opened at $52.59 on Wednesday. SPDR SSgA Global Allocation ETF has a 52 week low of $48.37 and a 52 week high of $55.24. The stock has a 50 day moving average price of $53.31 and a two-hundred day moving average price of $52.88. The stock has a market capitalization of $319.22 million, a PE ratio of 18.24 and a beta of 0.62.

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.