SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) Sets New 52-Week High – Still a Buy?

SPDR Bridgewater All Weather ETF (NASDAQ:ALLW)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $30.25 and last traded at $30.19, with a volume of 233640 shares traded. The stock had previously closed at $29.91.

SPDR Bridgewater All Weather ETF Trading Up 1.2%

The business has a 50 day simple moving average of $29.37 and a 200-day simple moving average of $28.94. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 19.42 and a beta of 0.36.

Hedge Funds Weigh In On SPDR Bridgewater All Weather ETF

A number of large investors have recently modified their holdings of the company. Independent Financial Group LLC purchased a new position in shares of SPDR Bridgewater All Weather ETF in the 1st quarter worth about $560,000. Fifth Third Bancorp purchased a new position in shares of SPDR Bridgewater All Weather ETF in the 1st quarter worth about $101,000. Corrado Advisors LLC raised its holdings in shares of SPDR Bridgewater All Weather ETF by 2.0% in the 1st quarter. Corrado Advisors LLC now owns 119,800 shares of the company’s stock worth $3,456,000 after purchasing an additional 2,395 shares during the period. Private Advisor Group LLC raised its holdings in shares of SPDR Bridgewater All Weather ETF by 51.1% in the 1st quarter. Private Advisor Group LLC now owns 155,483 shares of the company’s stock worth $4,486,000 after purchasing an additional 52,591 shares during the period. Finally, Sound Income Strategies LLC raised its holdings in shares of SPDR Bridgewater All Weather ETF by 124.9% in the 1st quarter. Sound Income Strategies LLC now owns 3,140 shares of the company’s stock worth $91,000 after purchasing an additional 1,744 shares during the period.

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.