USA Financial Formulas Lowers Stock Holdings in AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF $SIXO

USA Financial Formulas lowered its position in AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF (NYSEARCA:SIXO) by 16.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 137,633 shares of the company’s stock after selling 27,790 shares during the quarter. AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF makes up about 0.8% of USA Financial Formulas’ investment portfolio, making the stock its 11th largest position. USA Financial Formulas’ holdings in AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF were worth $4,666,000 at the end of the most recent reporting period.

Separately, Arkadios Wealth Advisors boosted its stake in shares of AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF by 6.1% in the second quarter. Arkadios Wealth Advisors now owns 16,196 shares of the company’s stock worth $536,000 after acquiring an additional 929 shares during the period.

AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF Trading Up 0.4%

NYSEARCA:SIXO opened at $34.60 on Friday. The stock has a 50-day moving average price of $34.25 and a 200 day moving average price of $33.72. The stock has a market capitalization of $132.52 million, a P/E ratio of 24.09 and a beta of 0.53. AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF has a 12-month low of $28.82 and a 12-month high of $34.74.

AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF Profile

The AllianzIM U.S. Large Cap 6 Month Buffer10 Apr\u002FOct ETF (SIXO) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 index over a specific holdings period. The actively-managed fund holds options and collateral. SIXO was launched on Sep 30, 2021 and is managed by Allianz.