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AllianzIM Expands Buffer Allocation ETF Suite with Launch of Buffer15 Uncapped ETF
Business Wire (Thu, 6-Mar 8:00 AM ET)
The Fund seeks to provide capital appreciation with downside risk mitigation. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a laddered portfolio of twelve AllianzIM U.S. Equity Buffer15 Uncapped ETFs ("Underlying ETFs"). The Fund's laddered approach is designed to provide, in a single investment, diversified exposure to a set of Underlying ETFs that offer upside growth potential through increases in the value of the SPY ETF while still providing a level of downside risk mitigation for at least a portion of the Fund's portfolio at any given time. The Underlying ETFs each pursue a buffered strategy and as a result seek to provide returns that track the share price returns of the SPDR S&P 500 ETF Trust ("SPY ETF") at the end of specified one-year periods, subject to a stated "Spread," and to provide downside protection with a buffer against the first 15% of SPY ETF losses (the "Buffer") for the Outcome Period. In addition, the Underlying ETFs intend to invest substantially all of their respective assets in FLexible EXchange Options ("FLEX Options") that reference the SPY ETF.
Aim ETF Products Trust Allianzim Buffer15 Uncapped Allocation ETF trades on the BATS stock market under the symbol SPBU.
As of March 10, 2025, SPBU stock price declined to $24.37 with 4,402 million shares trading.
SPBU has a market cap of $14.62 million. This is considered a Sub-Micro Cap stock.
SPBU support price is $24.72 and resistance is $24.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPBU shares will trade within this expected range on the day.