SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) Hits New 1-Year High – Still a Buy?

SPDR Bridgewater All Weather ETF (NASDAQ:ALLW)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $30.33 and last traded at $30.24, with a volume of 699430 shares traded. The stock had previously closed at $30.23.

SPDR Bridgewater All Weather ETF Price Performance

The company’s 50 day simple moving average is $29.40 and its 200 day simple moving average is $28.98. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 19.42 and a beta of 0.35.

Hedge Funds Weigh In On SPDR Bridgewater All Weather ETF

Several institutional investors have recently modified their holdings of the business. Independent Financial Group LLC acquired a new position in shares of SPDR Bridgewater All Weather ETF in the first quarter worth $560,000. Fifth Third Bancorp acquired a new position in shares of SPDR Bridgewater All Weather ETF in the first quarter worth $101,000. Corrado Advisors LLC grew its stake in shares of SPDR Bridgewater All Weather ETF by 2.0% in the first quarter. Corrado Advisors LLC now owns 119,800 shares of the company’s stock worth $3,456,000 after acquiring an additional 2,395 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of SPDR Bridgewater All Weather ETF by 51.1% in the first quarter. Private Advisor Group LLC now owns 155,483 shares of the company’s stock worth $4,486,000 after acquiring an additional 52,591 shares in the last quarter. Finally, Sound Income Strategies LLC grew its stake in shares of 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 acquiring an additional 1,744 shares in the last quarter.

SPDR Bridgewater All Weather ETF Company Profile

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.