Wells Fargo & Company MN Grows Stock Position in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Wells Fargo & Company MN raised its position in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,305 shares of the company’s stock after purchasing an additional 1,301 shares during the period. Wells Fargo & Company MN owned 1.45% of SPDR SSgA Global Allocation ETF worth $3,548,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jane Street Group LLC purchased a new stake in SPDR SSgA Global Allocation ETF during the third quarter worth approximately $372,000. Private Advisor Group LLC lifted its position in shares of SPDR SSgA Global Allocation ETF by 14.7% during the 4th quarter. Private Advisor Group LLC now owns 5,186 shares of the company’s stock worth $229,000 after buying an additional 666 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR SSgA Global Allocation ETF in the 4th quarter valued at $24,358,000. LPL Financial LLC raised its stake in SPDR SSgA Global Allocation ETF by 26.1% during the 4th quarter. LPL Financial LLC now owns 227,619 shares of the company’s stock worth $10,056,000 after acquiring an additional 47,132 shares in the last quarter. Finally, Taylor Financial Group Inc. lifted its position in SPDR SSgA Global Allocation ETF by 8.0% in the fourth quarter. Taylor Financial Group Inc. now owns 55,940 shares of the company’s stock valued at $2,471,000 after acquiring an additional 4,129 shares during the last quarter.

SPDR SSgA Global Allocation ETF Stock Performance

Shares of GAL stock opened at $43.83 on Wednesday. The stock’s 50-day moving average is $44.62 and its two-hundred day moving average is $44.90. SPDR SSgA Global Allocation ETF has a 1 year low of $41.00 and a 1 year high of $46.17. The firm has a market cap of $238.87 million, a price-to-earnings ratio of 16.56 and a beta of 0.66.

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.