Busey Bank Acquires New Holdings in SPDR SSgA Global Allocation ETF $GAL

Busey Bank bought a new position in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) during the third quarter, Holdings Channel reports. The fund bought 13,028 shares of the company’s stock, valued at approximately $683,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Robinswood Financial LLC boosted its holdings in SPDR SSgA Global Allocation ETF by 22.1% in the 3rd quarter. Robinswood Financial LLC now owns 54,949 shares of the company’s stock valued at $2,878,000 after purchasing an additional 9,958 shares during the period. Farther Finance Advisors LLC grew its position in shares of SPDR SSgA Global Allocation ETF by 4.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,123 shares of the company’s stock valued at $321,000 after purchasing an additional 263 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of SPDR SSgA Global Allocation ETF during the 2nd quarter valued at $115,000. Citadel Advisors LLC purchased a new position in shares of SPDR SSgA Global Allocation ETF during the 2nd quarter valued at $279,000. Finally, Ameritas Advisory Services LLC grew its position in shares of SPDR SSgA Global Allocation ETF by 32.6% during the 2nd quarter. Ameritas Advisory Services LLC now owns 29,963 shares of the company’s stock valued at $1,583,000 after purchasing an additional 7,359 shares in the last quarter.

SPDR SSgA Global Allocation ETF Stock Performance

SPDR SSgA Global Allocation ETF stock opened at $52.72 on Thursday. The stock has a market cap of $319.48 million, a P/E ratio of 18.24 and a beta of 0.62. SPDR SSgA Global Allocation ETF has a fifty-two week low of $48.37 and a fifty-two week high of $55.24. The firm’s fifty day moving average price is $53.15 and its 200-day moving average price is $52.23.

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.