Sumitomo Mitsui Financial Group Inc. Buys New Holdings in SPDR Bridgewater All Weather ETF $ALLW

Sumitomo Mitsui Financial Group Inc. purchased a new stake in shares of SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) in the fourth quarter, Holdings Channel.com reports. The firm purchased 239,835 shares of the company’s stock, valued at approximately $6,593,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Janney Montgomery Scott LLC boosted its stake in SPDR Bridgewater All Weather ETF by 90.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 40,748 shares of the company’s stock valued at $1,120,000 after purchasing an additional 19,320 shares during the last quarter. J.Safra Asset Management Corp boosted its stake in SPDR Bridgewater All Weather ETF by 10.0% during the 4th quarter. J.Safra Asset Management Corp now owns 6,552 shares of the company’s stock valued at $180,000 after purchasing an additional 597 shares during the last quarter. Paragon Private Wealth Management LLC acquired a new position in SPDR Bridgewater All Weather ETF during the 4th quarter valued at about $218,000. Clarity Retirement & Wealth LLC acquired a new position in SPDR Bridgewater All Weather ETF during the 4th quarter valued at about $2,410,000. Finally, LPL Financial LLC boosted its stake in SPDR Bridgewater All Weather ETF by 60.2% during the 4th quarter. LPL Financial LLC now owns 601,967 shares of the company’s stock valued at $16,548,000 after purchasing an additional 226,277 shares during the last quarter.

SPDR Bridgewater All Weather ETF Stock Performance

ALLW stock opened at $29.45 on Friday. The company has a market capitalization of $1.27 billion, a P/E ratio of 19.42 and a beta of 0.32. SPDR Bridgewater All Weather ETF has a 52-week low of $25.71 and a 52-week high of $30.33. The business has a 50-day simple moving average of $29.74 and a two-hundred day simple moving average of $29.16.

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.