Key Financial Inc Has $770,000 Stock Holdings in SPDR SSgA Global Allocation ETF $GAL

Key Financial Inc lifted its stake in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 926.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,579 shares of the company’s stock after purchasing an additional 14,061 shares during the period. Key Financial Inc owned approximately 0.28% of SPDR SSgA Global Allocation ETF worth $770,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GAL. WealthShield Partners LLC grew its holdings in shares of SPDR SSgA Global Allocation ETF by 6.8% during the third quarter. WealthShield Partners LLC now owns 4,466 shares of the company’s stock valued at $219,000 after buying an additional 283 shares in the last quarter. OLD National Bancorp IN grew its holdings in shares of 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 valued at $685,000 after buying an additional 408 shares in the last quarter. N.E.W. Advisory Services LLC grew its holdings in shares of SPDR SSgA Global Allocation ETF by 13.6% during the fourth quarter. N.E.W. Advisory Services LLC now owns 3,457 shares of the company’s stock valued at $171,000 after buying an additional 413 shares in the last quarter. Rossmore Private Capital grew its holdings in shares of SPDR SSgA Global Allocation ETF by 2.6% during the fourth quarter. Rossmore Private Capital now owns 21,042 shares of the company’s stock valued at $1,041,000 after buying an additional 526 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of 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 valued at $223,000 after buying an additional 2,129 shares in the last quarter.

SPDR SSgA Global Allocation ETF Trading Up 0.9%

Shares of GAL stock opened at $53.55 on Wednesday. SPDR SSgA Global Allocation ETF has a 1-year low of $45.84 and a 1-year high of $55.24. The company has a market capitalization of $313.80 million, a price-to-earnings ratio of 18.24 and a beta of 0.62. The stock’s fifty day simple moving average is $51.44 and its 200-day simple moving average is $50.76.

SPDR SSgA Global Allocation ETF 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.