State Street Global Allocation ETF (GAL)
State Street Global Allocation ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $53.84, up 0.28% on the session, giving a market capitalisation of $310.4M. Its beta of 0.89 implies it has historically moved less than the broad market.
The State Street Global Allocation ETF (GAL) is designed to pursue long-term capital growth, primarily through strategic investments in various exchange-traded funds (ETFs). Its portfolio is structured to encompass a diversified array of asset classes. A key aspect of its strategy involves dedicating at least 30% of its assets to securities issued by entities with economic ties to countries outside the United States. While typically allocating around 60% of its holdings to equity securities, this proportion is not rigid and can be dynamically adjusted by the Adviser based on tactical market insights.
State Street Global Allocation ETF is most often compared with the following Financial Services names: