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

Barclays PLC raised its stake in shares of AlTi Global, Inc. (NASDAQ:ALTI) by 264.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,457 shares of the basic materials company’s stock after buying an additional 32,269 shares during the quarter. Barclays PLC’s holdings in AlTi Global were worth $167,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. SG Americas Securities LLC bought a new stake in AlTi Global in the third quarter valued at approximately $63,000. The Manufacturers Life Insurance Company bought a new position in shares of AlTi Global during the second quarter worth $76,000. MetLife Investment Management LLC grew its holdings in shares of 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 period. CV Advisors LLC bought a new stake in shares of AlTi Global in the 3rd quarter valued at $85,000. Finally, Rhumbline Advisers raised its stake in AlTi Global by 109.2% during the 2nd quarter. Rhumbline Advisers now owns 37,443 shares of the basic materials company’s stock worth $195,000 after buying an additional 19,547 shares during the period. 3.57% of the stock is owned by institutional investors.

AlTi Global Stock Up 0.5 %

NASDAQ:ALTI opened at $4.24 on Wednesday. The stock has a market cap of $592.86 million, a price-to-earnings ratio of -2.42 and a beta of 0.73. The company has a current ratio of 4.05, a quick ratio of 4.05 and a debt-to-equity ratio of 0.17. The stock has a 50-day moving average price of $4.43 and a two-hundred day moving average price of $4.31. AlTi Global, Inc. has a 1 year low of $3.47 and a 1 year high of $7.61.

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.