SPDR SSgA Income Allocation ETF (NYSEARCA:INKM) Stock Price Up 0.1%

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SPDR SSgA Income Allocation ETF (NYSEARCA:INKM)’s share price rose 0.1% on Wednesday . The company traded as high as $34.10 and last traded at $34.07, approximately 788 shares traded hands during trading. A decline of 96% from the average daily volume of 17,659 shares. The stock had previously closed at $34.03.

The company has a fifty day moving average price of $33.98 and a 200-day moving average price of $33.54.

A number of institutional investors have recently made changes to their positions in INKM. Manchester Financial Inc. boosted its position in shares of SPDR SSgA Income Allocation ETF by 147.1% during the 3rd quarter. Manchester Financial Inc. now owns 784,828 shares of the company’s stock valued at $26,493,000 after acquiring an additional 467,204 shares during the last quarter. AE Wealth Management LLC bought a new position in SPDR SSgA Income Allocation ETF during the third quarter valued at $6,285,000. Advisors Preferred LLC grew its stake in shares of SPDR SSgA Income Allocation ETF by 25.5% in the 2nd quarter. Advisors Preferred LLC now owns 61,758 shares of the company’s stock worth $2,056,000 after buying an additional 12,566 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of SPDR SSgA Income Allocation ETF by 9.2% in the 2nd quarter. Wells Fargo & Company MN now owns 88,199 shares of the company’s stock worth $2,936,000 after buying an additional 7,436 shares during the last quarter. Finally, Morgan Stanley increased its holdings in shares of SPDR SSgA Income Allocation ETF by 17.1% in the 2nd quarter. Morgan Stanley now owns 32,925 shares of the company’s stock worth $1,096,000 after buying an additional 4,803 shares during the last quarter.

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