46 Peaks LLC Acquires Shares of 170,957 SPDR SSgA Global Allocation ETF $GAL

46 Peaks LLC bought a new position in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 170,957 shares of the company’s stock, valued at approximately $8,454,000. SPDR SSgA Global Allocation ETF comprises 6.2% of 46 Peaks LLC’s portfolio, making the stock its 8th biggest position.

Several other institutional investors have also recently made changes to their positions in GAL. Raymond James Financial Inc. raised its position in SPDR SSgA Global Allocation ETF by 4.1% in 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. Bright Financial Advisors Inc. grew its stake in SPDR SSgA Global Allocation ETF by 11.6% in the third quarter. Bright Financial Advisors Inc. now owns 178,185 shares of the company’s stock valued at $8,752,000 after purchasing an additional 18,529 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of 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 worth $975,000 after purchasing an additional 17,610 shares in the last quarter. Key Financial Inc raised its holdings in shares of SPDR SSgA Global Allocation ETF by 926.3% in the fourth quarter. Key Financial Inc now owns 15,579 shares of the company’s stock worth $770,000 after buying an additional 14,061 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of SPDR SSgA Global Allocation ETF by 7,601.8% in the first quarter. Jones Financial Companies Lllp now owns 8,780 shares of the company’s stock worth $394,000 after buying an additional 8,666 shares during the last quarter.

SPDR SSgA Global Allocation ETF Trading Up 0.7%

NYSEARCA:GAL opened at $53.51 on Friday. The company has a market capitalization of $313.57 million, a P/E ratio of 18.24 and a beta of 0.61. SPDR SSgA Global Allocation ETF has a 12 month low of $46.22 and a 12 month high of $55.24. The firm has a fifty day simple moving average of $52.72 and a 200-day simple moving average of $51.23.

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.