SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) Short Interest Update

SPDR Bridgewater All Weather ETF (NASDAQ:ALLW) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 832,139 shares, a growth of 287.4% from the May 31st total of 214,774 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average daily trading volume, of 526,328 shares, the days-to-cover ratio is presently 1.6 days.

SPDR Bridgewater All Weather ETF Stock Performance

NASDAQ ALLW traded down $0.04 on Friday, hitting $29.22. The stock had a trading volume of 587,452 shares, compared to its average volume of 780,668. The firm has a 50-day moving average of $29.75 and a 200-day moving average of $29.21. The company has a market capitalization of $1.26 billion, a price-to-earnings 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.

Institutional Investors Weigh In On SPDR Bridgewater All Weather ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sheets Smith Wealth Management raised its holdings in shares of SPDR Bridgewater All Weather ETF by 1.0% during the first quarter. Sheets Smith Wealth Management now owns 51,805 shares of the company’s stock valued at $1,495,000 after acquiring an additional 500 shares in the last quarter. Oregon Pacific Wealth Management LLC boosted its stake in SPDR Bridgewater All Weather ETF by 1.0% during the 1st quarter. Oregon Pacific Wealth Management LLC now owns 49,743 shares of the company’s stock valued at $1,435,000 after purchasing an additional 510 shares during the last quarter. J.Safra Asset Management Corp increased its holdings in SPDR Bridgewater All Weather ETF by 10.0% in the 4th quarter. J.Safra Asset Management Corp now owns 6,552 shares of the company’s stock worth $180,000 after buying an additional 597 shares in the last quarter. Capital Advisors Ltd. LLC bought a new stake in shares of SPDR Bridgewater All Weather ETF in the first quarter worth approximately $25,000. Finally, Truist Financial Corp increased its position in SPDR Bridgewater All Weather ETF by 10.9% during the fourth quarter. Truist Financial Corp now owns 10,255 shares of the company’s stock valued at $282,000 after acquiring an additional 1,005 shares during 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.