AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report) saw an uptick in trading volume on Monday . 519,601 shares were traded during mid-day trading, an increase of 1,109% from the previous session’s volume of 42,974 shares.The stock last traded at $43.2160 and had previously closed at $43.28.
AB Conservative Buffer ETF Trading Down 0.1%
The business’s 50 day moving average price is $43.00 and its two-hundred day moving average price is $42.16. The stock has a market cap of $1.06 billion, a P/E ratio of 25.09 and a beta of 0.26.
Institutional Trading of AB Conservative Buffer ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Legacy Wealth Advisors LLC purchased a new position in shares of AB Conservative Buffer ETF during the 4th quarter worth approximately $6,726,000. Susquehanna International Group LLP lifted its stake in shares of AB Conservative Buffer ETF by 534.9% in the 3rd quarter. Susquehanna International Group LLP now owns 77,237 shares of the company’s stock valued at $3,138,000 after purchasing an additional 65,072 shares during the period. NewEdge Advisors LLC purchased a new position in shares of AB Conservative Buffer ETF in the 1st quarter valued at approximately $426,000. OLD Mission Capital LLC boosted its position in shares of AB Conservative Buffer ETF by 44.5% during the fourth quarter. OLD Mission Capital LLC now owns 32,056 shares of the company’s stock valued at $1,325,000 after purchasing an additional 9,877 shares in the last quarter. Finally, Scarborough Advisors LLC boosted its position in shares of AB Conservative Buffer ETF by 200.3% during the fourth quarter. Scarborough Advisors LLC now owns 9,729 shares of the company’s stock valued at $402,000 after purchasing an additional 6,489 shares in the last quarter.
About AB Conservative Buffer ETF
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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