Lloyd Advisory Services LLC has made a significant investment in the AllianzIM U.S. Large Cap Buffer20 Jul ETF (NYSEARCA:JULW), acquiring a new position during the third quarter of 2023. The firm purchased 271,609 shares of the fund, valued at approximately $10.43 million. This investment now constitutes about 4.9% of Lloyd Advisory Services’ investment portfolio, ranking it as the firm’s seventh largest holding.
Other institutional investors have also adjusted their stakes in the AllianzIM U.S. Large Cap Buffer20 Jul ETF. Notably, Centaurus Financial Inc. increased its holdings by 90.6% during the second quarter, acquiring an additional 117,427 shares and bringing its total ownership to 246,993 shares, valued at approximately $9.18 million. Similarly, Commonwealth Equity Services LLC boosted its stake by 3.3%, now holding 1,451,743 shares worth around $53.96 million after adding 46,802 shares in the same period.
Additional investments included new positions taken by LifeWealth Investments LLC, valued at about $1.65 million, and Cypress Wealth Services LLC, which invested approximately $1.03 million. Spire Wealth Management made a remarkable increase, raising its position by 557.8% to own 31,357 shares worth $1.20 million after purchasing an additional 26,590 shares.
Stock Performance and Overview
As of the latest trading session, AllianzIM U.S. Large Cap Buffer20 Jul ETF stock opened at $39.32. The stock has experienced a range over the past year, with a low of $32.43 and a high of $39.36. The fund boasts a market capitalization of $303.55 million, a price-to-earnings ratio of 24.69, and a beta of 0.34. Its fifty-day moving average stands at $38.95, while the two-hundred-day moving average is $38.36.
The AllianzIM U.S. Large Cap Buffer20 Jul ETF, launched on June 30, 2020, is designed to track the S&P 500 index. The actively-managed fund aims for specific buffered losses and capped gains over a defined holding period, utilizing options and collateral to achieve its investment objectives.
For investors interested in the latest holdings and trades related to AllianzIM U.S. Large Cap Buffer20 Jul ETF, resources are available through HoldingsChannel.com. The site provides insights into institutional ownership and recent changes in investment strategies.
