AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as $42.16 and last traded at $42.08, with a volume of 38558 shares. The stock had previously closed at $42.14.
AB Conservative Buffer ETF Stock Down 0.1%
The stock’s fifty day moving average price is $41.19 and its two-hundred day moving average price is $41.22. The company has a market capitalization of $1.04 billion, a PE ratio of 25.09 and a beta of 0.26.
Institutional Trading of AB Conservative Buffer ETF
A number of institutional investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. purchased a new stake in shares of AB Conservative Buffer ETF during the fourth quarter worth about $218,000. OLD Mission Capital LLC lifted its holdings in AB Conservative Buffer ETF by 44.5% in the fourth quarter. OLD Mission Capital LLC now owns 32,056 shares of the company’s stock worth $1,325,000 after buying an additional 9,877 shares during the period. Scarborough Advisors LLC lifted its holdings in AB Conservative Buffer ETF by 200.3% in the fourth quarter. Scarborough Advisors LLC now owns 9,729 shares of the company’s stock worth $402,000 after buying an additional 6,489 shares during the period. Legacy Wealth Advisors LLC purchased a new stake in AB Conservative Buffer ETF in the fourth quarter worth about $6,726,000. Finally, HighTower Advisors LLC lifted its holdings in AB Conservative Buffer ETF by 2.7% in the fourth quarter. HighTower Advisors LLC now owns 91,407 shares of the company’s stock worth $3,777,000 after buying an additional 2,423 shares during the period.
AB Conservative Buffer ETF Company Profile
The AB Conservative Buffer ETF (BUFC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 15% decline. The fund resets its buffer and cap levels every three-months BUFC was launched on Dec 13, 2023 and is issued by AB Funds.
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