Taylor Financial Group Inc. Has $2.47 Million Stake in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Taylor Financial Group Inc. lifted its stake in shares of SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 8.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 55,940 shares of the company’s stock after buying an additional 4,129 shares during the quarter. SPDR SSgA Global Allocation ETF comprises approximately 1.7% of Taylor Financial Group Inc.’s investment portfolio, making the stock its 13th largest holding. Taylor Financial Group Inc.’s holdings in SPDR SSgA Global Allocation ETF were worth $2,471,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Key Financial Inc grew its position in SPDR SSgA Global Allocation ETF by 56.4% in the 4th quarter. Key Financial Inc now owns 779 shares of the company’s stock valued at $34,000 after purchasing an additional 281 shares during the period. SBI Securities Co. Ltd. acquired a new stake in SPDR SSgA Global Allocation ETF in the 4th quarter valued at $98,000. Avantax Advisory Services Inc. acquired a new stake in SPDR SSgA Global Allocation ETF in the 4th quarter valued at $229,000. Private Advisor Group LLC grew its position in SPDR SSgA Global Allocation ETF by 14.7% in the 4th quarter. Private Advisor Group LLC now owns 5,186 shares of the company’s stock valued at $229,000 after purchasing an additional 666 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in SPDR SSgA Global Allocation ETF in the 4th quarter valued at $230,000.

SPDR SSgA Global Allocation ETF Trading Up 0.7 %

NYSEARCA GAL opened at $45.58 on Tuesday. The company has a fifty day simple moving average of $45.07 and a 200 day simple moving average of $45.07. SPDR SSgA Global Allocation ETF has a 12-month low of $41.67 and a 12-month high of $46.17. The company has a market cap of $242.03 million, a P/E ratio of 18.25 and a beta of 0.70.

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.