Mesirow Financial Investment Management Inc. Has $25.18 Million Stock Holdings in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Mesirow Financial Investment Management Inc. reduced its stake in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 4.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 582,340 shares of the company’s stock after selling 24,870 shares during the quarter. Mesirow Financial Investment Management Inc. owned approximately 0.11% of SPDR SSgA Global Allocation ETF worth $25,180,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in GAL. Larson Financial Group LLC acquired a new stake in shares of SPDR SSgA Global Allocation ETF in the 2nd quarter valued at about $64,000. Lynx Investment Advisory acquired a new stake in SPDR SSgA Global Allocation ETF in the second quarter valued at approximately $80,000. GGM Financials LLC acquired a new stake in SPDR SSgA Global Allocation ETF in the second quarter valued at approximately $219,000. International Assets Investment Management LLC bought a new stake in shares of SPDR SSgA Global Allocation ETF during the fourth quarter valued at approximately $400,000. Finally, Commonwealth Equity Services LLC raised its position in shares of SPDR SSgA Global Allocation ETF by 9.5% during the second quarter. Commonwealth Equity Services LLC now owns 10,539 shares of the company’s stock worth $456,000 after purchasing an additional 914 shares during the period.

SPDR SSgA Global Allocation ETF Stock Up 0.4 %

Shares of GAL opened at $44.81 on Monday. The business’s fifty day moving average is $44.00 and its 200 day moving average is $43.37. SPDR SSgA Global Allocation ETF has a 12-month low of $37.04 and a 12-month high of $44.96. The stock has a market cap of $247.35 million, a P/E 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.