Creative Planning Has $626,000 Stock Position in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Creative Planning decreased its holdings in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 10.3% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 14,474 shares of the company’s stock after selling 1,664 shares during the quarter. Creative Planning’s holdings in SPDR SSgA Global Allocation ETF were worth $626,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of GAL. Larson Financial Group LLC bought a new stake in shares of SPDR SSgA Global Allocation ETF in the 2nd quarter valued at approximately $64,000. Lynx Investment Advisory bought a new stake in SPDR SSgA Global Allocation ETF in the second quarter worth approximately $80,000. GGM Financials LLC acquired a new position in shares of SPDR SSgA Global Allocation ETF during the 2nd quarter worth $219,000. Commonwealth Equity Services LLC raised its holdings in shares of SPDR SSgA Global Allocation ETF by 9.5% during the 2nd 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 in the last quarter. Finally, Hancock Whitney Corp lifted its stake in shares of SPDR SSgA Global Allocation ETF by 8.3% in the 2nd 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 Trading Up 0.4 %

Shares of NYSEARCA:GAL opened at $45.40 on Monday. SPDR SSgA Global Allocation ETF has a 1 year low of $37.04 and a 1 year high of $45.79. The firm has a fifty day moving average price of $44.56 and a 200 day moving average price of $43.73. The stock has a market capitalization of $250.61 million, a PE ratio of 15.47 and a beta of 0.69.

SPDR SSgA Global Allocation ETF 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.