SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) Sets New 12-Month High – Here’s Why

SPDR Bridgewater All Weather ETF (NASDAQ:ALLW)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $30.33 and last traded at $30.32, with a volume of 94656 shares. The stock had previously closed at $30.25.

SPDR Bridgewater All Weather ETF Stock Up 0.4%

The firm has a market capitalization of $1.68 billion, a P/E ratio of 19.42 and a beta of 0.38. The business’s 50-day simple moving average is $29.46 and its 200 day simple moving average is $29.48.

Hedge Funds Weigh In On SPDR Bridgewater All Weather ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Capital Advisors Ltd. LLC bought a new stake in shares of SPDR Bridgewater All Weather ETF during the 1st quarter valued at about $25,000. Allworth Financial LP bought a new stake in SPDR Bridgewater All Weather ETF in the third quarter worth $32,000. Breakwater Investment Management bought a new position in shares of SPDR Bridgewater All Weather ETF during the fourth quarter valued at $35,000. Sound Income Strategies LLC raised its holdings in SPDR Bridgewater All Weather ETF by 124.9% in the first quarter. Sound Income Strategies LLC now owns 3,140 shares of the company’s stock worth $91,000 after buying an additional 1,744 shares during the last quarter. Finally, Comerica Bank increased its position in shares of SPDR Bridgewater All Weather ETF by 68.3% during the third quarter. Comerica Bank now owns 3,360 shares of the company’s stock valued at $94,000 after acquiring an additional 1,363 shares in the last quarter.

About SPDR Bridgewater All Weather ETF

The SPDR Bridgewater All Weather ETF (ALLW) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund utilizes Bridgewaters All Weather strategy, diversifying across asset classes to manage risk and optimize returns in varying market conditions. The fund aims for long-term capital growth ALLW was launched on Mar 5, 2025 and is issued by State Street.