Envestnet Asset Management Inc. Trims Stock Position in AllianzIM U.S. Large Cap Buffer20 Aug ETF (NYSEARCA:AUGW)

Envestnet Asset Management Inc. lowered its position in shares of AllianzIM U.S. Large Cap Buffer20 Aug ETF (NYSEARCA:AUGW) by 7.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,035 shares of the company’s stock after selling 2,862 shares during the period. Envestnet Asset Management Inc. owned 1.21% of AllianzIM U.S. Large Cap Buffer20 Aug ETF worth $1,054,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in AllianzIM U.S. Large Cap Buffer20 Aug ETF during the fourth quarter valued at approximately $23,629,000. Elevated Capital Advisors LLC grew its stake in AllianzIM U.S. Large Cap Buffer20 Aug ETF by 37.0% during the fourth quarter. Elevated Capital Advisors LLC now owns 144,701 shares of the company’s stock valued at $4,234,000 after acquiring an additional 39,071 shares in the last quarter. LPL Financial LLC grew its stake in AllianzIM U.S. Large Cap Buffer20 Aug ETF by 40.5% during the fourth quarter. LPL Financial LLC now owns 52,037 shares of the company’s stock valued at $1,523,000 after acquiring an additional 14,988 shares in the last quarter. SMART Wealth LLC purchased a new position in AllianzIM U.S. Large Cap Buffer20 Aug ETF during the third quarter valued at approximately $1,484,000. Finally, Red Crane Wealth Management LLC purchased a new position in AllianzIM U.S. Large Cap Buffer20 Aug ETF during the fourth quarter valued at approximately $919,000.

AllianzIM U.S. Large Cap Buffer20 Aug ETF Price Performance

AUGW stock opened at $28.84 on Thursday. AllianzIM U.S. Large Cap Buffer20 Aug ETF has a one year low of $26.17 and a one year high of $29.96. The stock has a market cap of $162.95 million, a PE ratio of 24.20 and a beta of 0.52. The firm has a 50 day simple moving average of $28.70 and a two-hundred day simple moving average of $29.14.

AllianzIM U.S. Large Cap Buffer20 Aug ETF Company Profile

The AllianzIM U.S. Large Cap Buffer20 Aug ETF (AUGW) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. AUGW was launched on Jul 31, 2023 and is issued by Allianz.