Key Financial Inc Buys 281 Shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Key Financial Inc lifted its stake in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 56.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 779 shares of the company’s stock after buying an additional 281 shares during the period. Key Financial Inc’s holdings in SPDR SSgA Global Allocation ETF were worth $34,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Private Advisor Group LLC bought a new stake in shares of SPDR SSgA Global Allocation ETF in the third quarter valued at about $206,000. Jane Street Group LLC bought a new stake in shares of SPDR SSgA Global Allocation ETF in the third quarter valued at about $372,000. Silver Oak Securities Incorporated bought a new stake in shares of SPDR SSgA Global Allocation ETF in the fourth quarter valued at about $456,000. Kovitz Investment Group Partners LLC bought a new stake in shares of SPDR SSgA Global Allocation ETF in the third quarter valued at about $462,000. Finally, Creative Planning lifted its stake in shares of 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 buying an additional 1,244 shares during the period.

SPDR SSgA Global Allocation ETF Stock Performance

NYSEARCA GAL opened at $45.80 on Wednesday. The firm has a 50-day simple moving average of $44.88 and a 200 day simple moving average of $44.86. SPDR SSgA Global Allocation ETF has a twelve month low of $41.67 and a twelve month high of $46.17. The stock has a market cap of $252.82 million, a PE ratio of 15.47 and a beta of 0.69.

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.