Envestnet Asset Management Inc. Reduces Stock Holdings in AllianzIM U.S. Large Cap Buffer20 Sep ETF (NYSEARCA:SEPW)

Envestnet Asset Management Inc. cut its stake in shares of AllianzIM U.S. Large Cap Buffer20 Sep ETF (NYSEARCA:SEPW) by 4.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 35,440 shares of the company’s stock after selling 1,464 shares during the period. Envestnet Asset Management Inc. owned approximately 2.66% of AllianzIM U.S. Large Cap Buffer20 Sep ETF worth $1,024,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Geneos Wealth Management Inc. acquired a new stake in AllianzIM U.S. Large Cap Buffer20 Sep ETF during the 4th quarter valued at approximately $29,000. Spire Wealth Management purchased a new position in shares of AllianzIM U.S. Large Cap Buffer20 Sep ETF during the 4th quarter valued at approximately $1,056,000. Raymond James Financial Inc. acquired a new stake in shares of AllianzIM U.S. Large Cap Buffer20 Sep ETF during the fourth quarter worth approximately $3,764,000. Harbour Investments Inc. increased its stake in shares of AllianzIM U.S. Large Cap Buffer20 Sep ETF by 16.6% in the fourth quarter. Harbour Investments Inc. now owns 51,856 shares of the company’s stock worth $1,499,000 after buying an additional 7,378 shares during the last quarter. Finally, Grantvest Financial Group LLC bought a new stake in shares of AllianzIM U.S. Large Cap Buffer20 Sep ETF in the fourth quarter worth $608,000.

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

NYSEARCA SEPW opened at $28.61 on Friday. The company has a market capitalization of $68.66 million, a price-to-earnings ratio of 24.97 and a beta of 0.47. AllianzIM U.S. Large Cap Buffer20 Sep ETF has a 12 month low of $26.65 and a 12 month high of $29.52. The company’s fifty day moving average price is $28.37 and its two-hundred day moving average price is $28.79.

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

The AllianzIM U.S. Large Cap Buffer20 Sep ETF (SEPW) 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 one-year holding period. The actively managed fund holds options and collateral. SEPW was launched on Aug 31, 2023 and is issued by Allianz.