Cambridge Investment Research Advisors Inc. Trims Stock Position in SPDR SSgA Income Allocation ETF (NYSEARCA:INKM)

Cambridge Investment Research Advisors Inc. lessened its holdings in SPDR SSgA Income Allocation ETF (NYSEARCA:INKM) by 12.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,207 shares of the company’s stock after selling 2,796 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.61% of SPDR SSgA Income Allocation ETF worth $699,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in INKM. Rossmore Private Capital lifted its holdings in shares of SPDR SSgA Income Allocation ETF by 6.3% in the fourth quarter. Rossmore Private Capital now owns 8,420 shares of the company’s stock valued at $285,000 after purchasing an additional 500 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of SPDR SSgA Income Allocation ETF by 140.6% during the fourth quarter. Wells Fargo & Company MN now owns 101,652 shares of the company’s stock valued at $3,443,000 after buying an additional 59,402 shares during the period. Trilogy Capital Inc. purchased a new position in shares of SPDR SSgA Income Allocation ETF during the fourth quarter valued at approximately $5,896,000. Finally, Sawtooth Solutions LLC purchased a new position in shares of SPDR SSgA Income Allocation ETF during the fourth quarter valued at approximately $17,964,000.

Shares of INKM opened at $36.38 on Friday. The firm’s 50 day moving average price is $35.50. SPDR SSgA Income Allocation ETF has a 1 year low of $30.01 and a 1 year high of $36.41.

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Institutional Ownership by Quarter for SPDR SSgA Income Allocation ETF (NYSEARCA:INKM)

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