Kovitz Investment Group Partners LLC Makes New $462,000 Investment in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Kovitz Investment Group Partners LLC bought a new position in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,849 shares of the company’s stock, valued at approximately $462,000. Kovitz Investment Group Partners LLC owned approximately 0.20% of SPDR SSgA Global Allocation ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Ameritas Advisory Services LLC lifted its position in SPDR SSgA Global Allocation ETF by 1.7% in the second quarter. Ameritas Advisory Services LLC now owns 21,940 shares of the company’s stock valued at $948,000 after purchasing an additional 363 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in SPDR SSgA Global Allocation ETF by 9.5% in the second quarter. Commonwealth Equity Services LLC now owns 10,539 shares of the company’s stock valued at $456,000 after purchasing an additional 914 shares during the last quarter. Rossmore Private Capital lifted its position in SPDR SSgA Global Allocation ETF by 5.1% in the third quarter. Rossmore Private Capital now owns 20,626 shares of the company’s stock valued at $939,000 after purchasing an additional 1,000 shares during the last quarter. Creative Planning lifted its position in SPDR SSgA Global Allocation ETF by 8.6% in the third quarter. Creative Planning now owns 15,718 shares of the company’s stock valued at $716,000 after purchasing an additional 1,244 shares during the last quarter. Finally, Hancock Whitney Corp lifted its position in SPDR SSgA Global Allocation ETF by 8.3% in the second quarter. Hancock Whitney Corp now owns 18,701 shares of the company’s stock valued at $808,000 after purchasing an additional 1,439 shares during the last quarter.

SPDR SSgA Global Allocation ETF Stock Down 0.6 %

Shares of SPDR SSgA Global Allocation ETF stock opened at $45.65 on Friday. The company has a market cap of $251.97 million, a PE ratio of 15.47 and a beta of 0.69. The business has a 50 day moving average of $45.29 and a 200 day moving average of $44.47. SPDR SSgA Global Allocation ETF has a 52 week low of $40.06 and a 52 week high of $46.17.

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.