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

State Street Corp grew its stake in AlTi Global, Inc. (NASDAQ:ALTI) by 5.6% during the 3rd quarter, Holdings Channel reports. The firm owned 540,213 shares of the basic materials company’s stock after purchasing an additional 28,689 shares during the quarter. State Street Corp’s holdings in AlTi Global were worth $2,020,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. AlTi Global Inc. boosted its holdings in AlTi Global by 1.5% in the 2nd quarter. AlTi Global Inc. now owns 772,186 shares of the basic materials company’s stock worth $4,023,000 after buying an additional 11,216 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of AlTi Global by 58.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 432,617 shares of the basic materials company’s stock valued at $1,618,000 after acquiring an additional 159,357 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of AlTi Global by 89.9% in the second quarter. Bank of New York Mellon Corp now owns 106,440 shares of the basic materials company’s stock worth $555,000 after acquiring an additional 50,379 shares during the last quarter. Simon Quick Advisors LLC purchased a new stake in shares of AlTi Global during the second quarter worth approximately $214,000. Finally, Rhumbline Advisers raised its stake 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 purchasing an additional 19,547 shares during the last quarter. Hedge funds and other institutional investors own 3.57% of the company’s stock.

AlTi Global Trading Down 0.5 %

Shares of ALTI stock opened at $4.41 on Thursday. AlTi Global, Inc. has a fifty-two week low of $3.47 and a fifty-two week high of $9.12. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.05 and a current ratio of 4.05. The stock’s fifty day moving average is $4.41 and its two-hundred day moving average is $4.33. The firm has a market capitalization of $616.63 million, a P/E ratio of -2.52 and a beta of 0.72.

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.