Harbour Investments Boosts Stake in AllianzIM U.S. Large Cap ETF

Harbour Investments Inc. has increased its position in the AllianzIM U.S. Large Cap Buffer20 Jun ETF (NYSEARCA:JUNW) by 6.5% during the second quarter of 2023, as disclosed in a recent filing with the Securities and Exchange Commission (SEC). This adjustment brings Harbour’s total shares held in the fund to 31,368, following the acquisition of an additional 1,903 shares. The firm now holds approximately 1.57% of the ETF, valued at about $999,000.

Other investment firms also made notable moves regarding their stakes in the AllianzIM U.S. Large Cap Buffer20 Jun ETF. In the first quarter, Mattson Financial Services LLC initiated a new position in the fund, valued at $434,000. Meanwhile, Aspire Capital Advisors LLC entered the market in the second quarter with a new stake worth approximately $466,000.

Additionally, Focus Financial Network Inc. raised its stake by 25.5% during the same quarter. The firm now owns 14,652 shares, valued at $467,000, after acquiring 2,980 additional shares. Silver Oak Securities Incorporated also purchased a new stake in the first quarter, valued at about $747,000.

Farther Finance Advisors LLC made a significant increase, raising its stake by an impressive 826.6% in the second quarter. This results in their ownership of 35,450 shares valued at $1,130,000 following the acquisition of an additional 31,624 shares.

Current Performance of AllianzIM U.S. Large Cap Buffer20 Jun ETF

As of the latest trading session, shares of the AllianzIM U.S. Large Cap Buffer20 Jun ETF opened at $32.81. The ETF has experienced a low of $27.68 and a high of $32.94 over the past year. The fund’s 50-day simple moving average stands at $32.61, while the 200-day moving average is reported at $31.45.

The ETF currently has a market capitalization of $65.62 million, a price-to-earnings (P/E) ratio of 25.08, and a beta of 0.39, indicating lower volatility compared to the broader market.

About the AllianzIM U.S. Large Cap Buffer20 Jun ETF

The AllianzIM U.S. Large Cap Buffer20 Jun ETF (JUNW) is designed for investors seeking exposure to large-cap equities while aiming for specific buffered losses and capped gains relative to the SPDR S&P 500 ETF Trust over a designated holding period. This actively managed fund utilizes FLEX options and collateral to achieve its investment objectives.

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