Hancock Whitney Corp Has $746,000 Position in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Hancock Whitney Corp lowered its position in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 24.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,262 shares of the company’s stock after selling 5,681 shares during the period. Hancock Whitney Corp owned 0.31% of SPDR SSgA Global Allocation ETF worth $746,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in GAL. WealthShield Partners LLC boosted its position in SPDR SSgA Global Allocation ETF by 10.6% during the fourth quarter. WealthShield Partners LLC now owns 3,779 shares of the company’s stock worth $157,000 after purchasing an additional 363 shares during the period. Eagle Wealth Strategies LLC bought a new stake in shares of SPDR SSgA Global Allocation ETF in the fourth quarter valued at approximately $221,000. International Assets Investment Management LLC bought a new stake in shares of SPDR SSgA Global Allocation ETF in the fourth quarter valued at approximately $400,000. Northwest Financial Advisors acquired a new position in SPDR SSgA Global Allocation ETF during the fourth quarter worth $622,000. Finally, Rossmore Private Capital raised its stake in SPDR SSgA Global Allocation ETF by 3.1% during the fourth quarter. Rossmore Private Capital now owns 19,826 shares of the company’s stock worth $822,000 after acquiring an additional 590 shares in the last quarter.

SPDR SSgA Global Allocation ETF Price Performance

Shares of NYSEARCA:GAL traded down $0.62 during midday trading on Thursday, reaching $43.52. The company’s stock had a trading volume of 10,524 shares, compared to its average volume of 14,553. SPDR SSgA Global Allocation ETF has a fifty-two week low of $37.04 and a fifty-two week high of $44.62. The company has a market capitalization of $240.23 million, a P/E ratio of 15.47 and a beta of 0.69. The business’s fifty day simple moving average is $43.66 and its 200-day simple moving average is $42.81.

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.