AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $43.19 and last traded at $43.09, with a volume of 13875 shares changing hands. The stock had previously closed at $43.16.
AB Conservative Buffer ETF Stock Performance
The firm’s 50-day simple moving average is $42.59 and its 200-day simple moving average is $41.85. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 25.09 and a beta of 0.26.
Institutional Investors Weigh In On AB Conservative Buffer ETF
A number of institutional investors have recently added to or reduced their stakes in the company. Bailard Inc. bought a new stake in shares of AB Conservative Buffer ETF in the 4th quarter worth approximately $494,000. N.E.W. Advisory Services LLC grew its holdings in shares of AB Conservative Buffer ETF by 320.6% during the 4th quarter. N.E.W. Advisory Services LLC now owns 20,799 shares of the company’s stock worth $860,000 after purchasing an additional 15,854 shares in the last quarter. Assetmark Inc. increased its position in shares of AB Conservative Buffer ETF by 28.7% during the fourth quarter. Assetmark Inc. now owns 5,953 shares of the company’s stock valued at $246,000 after purchasing an additional 1,327 shares during the period. OLD Mission Capital LLC increased 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 during the period. Finally, Legacy Wealth Advisors LLC acquired a new position in shares of AB Conservative Buffer ETF in the fourth quarter valued at $6,726,000.
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.
See Also
- Five stocks we like better than AB Conservative Buffer ETF
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for AB Conservative Buffer ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB Conservative Buffer ETF and related companies with MarketBeat.com's FREE daily email newsletter.
