Barclays PLC Buys 32,269 Shares of AlTi Global, Inc. (NASDAQ:ALTI)

Barclays PLC grew its stake in shares of AlTi Global, Inc. (NASDAQ:ALTI) by 264.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,457 shares of the basic materials company’s stock after buying an additional 32,269 shares during the period. Barclays PLC’s holdings in AlTi Global were worth $167,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new stake in shares of AlTi Global during the third quarter worth about $63,000. The Manufacturers Life Insurance Company acquired a new stake in AlTi Global in the 2nd quarter valued at approximately $76,000. MetLife Investment Management LLC raised its position in AlTi Global by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 21,002 shares of the basic materials company’s stock valued at $79,000 after buying an additional 11,834 shares during the last quarter. CV Advisors LLC acquired a new stake in AlTi Global in the 3rd quarter valued at approximately $85,000. Finally, Rhumbline Advisers raised its position in AlTi Global by 109.2% in the 2nd quarter. Rhumbline Advisers now owns 37,443 shares of the basic materials company’s stock valued at $195,000 after buying an additional 19,547 shares during the last quarter. Institutional investors own 3.57% of the company’s stock.

AlTi Global Stock Down 2.7 %

Shares of AlTi Global stock opened at $3.94 on Thursday. The business’s 50 day simple moving average is $4.34 and its 200 day simple moving average is $4.25. AlTi Global, Inc. has a 52-week low of $3.47 and a 52-week high of $7.38. The firm has a market cap of $550.91 million, a PE ratio of -2.25 and a beta of 0.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.05 and a current ratio of 4.05.

AlTi Global Company 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.