Retireful LLC Purchases Shares of 49,538 SPDR SSgA Income Allocation ETF (NYSEARCA:INKM)

Retireful LLC bought a new stake in shares of SPDR SSgA Income Allocation ETF (NYSEARCA:INKM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 49,538 shares of the company’s stock, valued at approximately $1,624,000. SPDR SSgA Income Allocation ETF accounts for 1.2% of Retireful LLC’s portfolio, making the stock its 23rd biggest holding.

SPDR SSgA Income Allocation ETF Stock Up 0.2 %

Shares of SPDR SSgA Income Allocation ETF stock opened at $32.35 on Wednesday. The business has a 50 day moving average of $32.53 and a 200 day moving average of $31.83. SPDR SSgA Income Allocation ETF has a 52 week low of $29.44 and a 52 week high of $33.16. The company has a market cap of $74.07 million, a PE ratio of 14.34 and a beta of 0.50.

SPDR SSgA Income Allocation ETF Profile

The SPDR SSgA Income Allocation ETF (INKM) is an exchange-traded fund that is based on the MSCI World index. The fund is an actively-managed, income-focused ETF of domestic and international ETFs with exposure to equities, investment-grade and high-yield debt, preferred stocks and REITs. INKM was launched on Apr 25, 2012 and is managed by State Street.