Ascentis Independent Advisors Acquires 15,251 Shares of SPDR SSgA Global Allocation ETF $GAL

Ascentis Independent Advisors raised its holdings in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 134.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 26,572 shares of the company’s stock after acquiring an additional 15,251 shares during the quarter. Ascentis Independent Advisors’ holdings in SPDR SSgA Global Allocation ETF were worth $1,315,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp raised its position in SPDR SSgA Global Allocation ETF by 7,601.8% during the first quarter. Jones Financial Companies Lllp now owns 8,780 shares of the company’s stock worth $394,000 after acquiring an additional 8,666 shares in the last quarter. Jane Street Group LLC bought a new position in SPDR SSgA Global Allocation ETF during the first quarter worth about $207,000. Raymond James Financial Inc. grew its holdings in SPDR SSgA Global Allocation ETF by 4.1% during the third 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. Farther Finance Advisors LLC increased its position in SPDR SSgA Global Allocation ETF by 89.6% during the fourth quarter. Farther Finance Advisors LLC now owns 4,505 shares of the company’s stock worth $223,000 after buying an additional 2,129 shares during the last quarter. Finally, OLD National Bancorp IN increased its position in SPDR SSgA Global Allocation ETF by 3.0% during the fourth quarter. OLD National Bancorp IN now owns 13,858 shares of the company’s stock worth $685,000 after buying an additional 408 shares during the last quarter.

SPDR SSgA Global Allocation ETF Price Performance

GAL stock opened at $52.72 on Wednesday. The stock has a market cap of $302.61 million, a price-to-earnings ratio of 18.24 and a beta of 0.61. The company has a fifty day moving average price of $53.01 and a two-hundred day moving average price of $51.48. SPDR SSgA Global Allocation ETF has a one year low of $46.73 and a one year 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.