Ballast Inc. Invests $657,000 in AllianzIM U.S. Large Cap Buffer20 Sep ETF $SEPW

Ballast Inc. bought a new position in AllianzIM U.S. Large Cap Buffer20 Sep ETF (NYSEARCA:SEPW) in the 2nd quarter, HoldingsChannel reports. The fund bought 21,790 shares of the company’s stock, valued at approximately $657,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Crown Wealth Group LLC bought a new position in AllianzIM U.S. Large Cap Buffer20 Sep ETF in the 2nd quarter worth about $434,000. Focus Financial Network Inc. grew its position in AllianzIM U.S. Large Cap Buffer20 Sep ETF by 19.7% in the 2nd quarter. Focus Financial Network Inc. now owns 30,793 shares of the company’s stock worth $929,000 after purchasing an additional 5,067 shares during the last quarter. Finally, First Heartland Consultants Inc. grew its position in AllianzIM U.S. Large Cap Buffer20 Sep ETF by 190.5% in the 1st quarter. First Heartland Consultants Inc. now owns 32,043 shares of the company’s stock worth $915,000 after purchasing an additional 21,011 shares during the last quarter.

AllianzIM U.S. Large Cap Buffer20 Sep ETF Trading Up 0.3%

NYSEARCA SEPW opened at $31.32 on Friday. AllianzIM U.S. Large Cap Buffer20 Sep ETF has a 52 week low of $26.65 and a 52 week high of $32.05. The stock has a market cap of $299.11 million, a price-to-earnings ratio of 24.33 and a beta of 0.47. The company has a 50-day moving average price of $31.12 and a two-hundred day moving average price of $29.98.

AllianzIM U.S. Large Cap Buffer20 Sep ETF 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.