Mesirow Financial Investment Management Inc. Decreases Stock Holdings in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Mesirow Financial Investment Management Inc. reduced its holdings in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 3.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 561,805 shares of the company’s stock after selling 20,535 shares during the period. Mesirow Financial Investment Management Inc. owned approximately 0.10% of SPDR SSgA Global Allocation ETF worth $25,579,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Larson Financial Group LLC purchased a new position in SPDR SSgA Global Allocation ETF in the second quarter worth about $64,000. Lynx Investment Advisory bought a new stake in shares of SPDR SSgA Global Allocation ETF in the 2nd quarter valued at approximately $80,000. Private Advisor Group LLC purchased a new position in shares of SPDR SSgA Global Allocation ETF in the 3rd quarter worth approximately $206,000. GGM Financials LLC bought a new position in shares of SPDR SSgA Global Allocation ETF during the 2nd quarter valued at approximately $219,000. Finally, Sanctuary Advisors LLC purchased a new stake in SPDR SSgA Global Allocation ETF during the 2nd quarter valued at $272,000.

SPDR SSgA Global Allocation ETF Stock Down 0.4 %

Shares of GAL opened at $45.53 on Friday. The business has a fifty day moving average of $45.03 and a 200 day moving average of $44.08. The company has a market cap of $251.34 million, a PE ratio of 15.47 and a beta of 0.69. SPDR SSgA Global Allocation ETF has a 52-week low of $38.18 and a 52-week high of $45.79.

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.