AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) Short Interest Update

AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 25,751 shares, an increase of 1,226.0% from the February 12th total of 1,942 shares. Based on an average daily volume of 73,262 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 73,262 shares, the short-interest ratio is currently 0.4 days.

AB US Large Cap Strategic Equities ETF Stock Down 0.2%

Shares of AB US Large Cap Strategic Equities ETF stock traded down $0.13 on Tuesday, hitting $76.15. 66,057 shares of the company’s stock traded hands, compared to its average volume of 50,564. AB US Large Cap Strategic Equities ETF has a 52-week low of $55.94 and a 52-week high of $82.00. The stock has a market cap of $708.20 million, a P/E ratio of 25.96 and a beta of 1.03. The firm’s 50-day moving average is $77.91 and its 200 day moving average is $77.29.

Institutional Investors Weigh In On AB US Large Cap Strategic Equities ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth Equity Services LLC lifted its position in shares of AB US Large Cap Strategic Equities ETF by 2.4% during the fourth quarter. Commonwealth Equity Services LLC now owns 8,159 shares of the company’s stock worth $634,000 after purchasing an additional 188 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of AB US Large Cap Strategic Equities ETF by 121.4% during the third quarter. Global Retirement Partners LLC now owns 445 shares of the company’s stock worth $34,000 after purchasing an additional 244 shares during the period. JPMorgan Chase & Co. bought a new position in shares of AB US Large Cap Strategic Equities ETF in the 3rd quarter worth about $55,000. PNC Financial Services Group Inc. bought a new position in shares of AB US Large Cap Strategic Equities ETF in the 3rd quarter worth about $64,000. Finally, Wagner Wealth Management LLC boosted its holdings in shares of AB US Large Cap Strategic Equities ETF by 0.9% in the 3rd quarter. Wagner Wealth Management LLC now owns 100,079 shares of the company’s stock valued at $7,698,000 after buying an additional 912 shares during the period.

AB US Large Cap Strategic Equities ETF Company Profile

The AB US Large Cap Strategic Equities ETF (LRGC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US companies. Its stock selection process combines fundamental and quantitative research to identify opportunities while managing risk. LRGC was launched on Sep 20, 2023 and is issued by AB Funds.