State Street Corp Grows Stock Holdings in AlTi Global, Inc. (NASDAQ:ALTI)

State Street Corp increased its holdings in shares of AlTi Global, Inc. (NASDAQ:ALTI) by 5.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 540,213 shares of the basic materials company’s stock after purchasing an additional 28,689 shares during the period. State Street Corp owned approximately 0.39% of AlTi Global worth $2,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. AlTi Global Inc. grew its position in AlTi Global by 1.5% during the 2nd quarter. AlTi Global Inc. now owns 772,186 shares of the basic materials company’s stock worth $4,023,000 after purchasing an additional 11,216 shares during the period. MetLife Investment Management LLC boosted its stake in shares of AlTi Global by 129.1% in the third quarter. MetLife Investment Management LLC now owns 21,002 shares of the basic materials company’s stock worth $79,000 after buying an additional 11,834 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in AlTi Global during the second quarter worth about $76,000. SG Americas Securities LLC purchased a new position in AlTi Global during the third quarter valued at approximately $63,000. Finally, Rhumbline Advisers raised its position in AlTi Global by 109.2% during the second quarter. Rhumbline Advisers now owns 37,443 shares of the basic materials company’s stock valued at $195,000 after acquiring an additional 19,547 shares in the last quarter. 3.57% of the stock is currently owned by institutional investors and hedge funds.

AlTi Global Trading Down 0.5 %

AlTi Global stock opened at $4.41 on Thursday. The firm has a market cap of $616.63 million, a PE ratio of -2.52 and a beta of 0.72. AlTi Global, Inc. has a 12 month low of $3.47 and a 12 month high of $9.12. The stock’s 50 day simple moving average is $4.41 and its two-hundred day simple moving average is $4.33. The company has a current ratio of 4.05, a quick ratio of 4.05 and a debt-to-equity ratio of 0.17.

AlTi Global Profile

AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.