AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Short Interest Update

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 379 shares, an increase of 781.4% from the August 15th total of 43 shares. Based on an average daily trading volume, of 14,495 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

AB US Low Volatility Equity ETF Price Performance

Shares of AB US Low Volatility Equity ETF stock traded down $0.15 during midday trading on Thursday, hitting $82.39. 26,876 shares of the company were exchanged, compared to its average volume of 9,674. The firm has a 50 day simple moving average of $82.72 and a 200-day simple moving average of $79.81. The firm has a market cap of $205.97 million, a P/E ratio of 25.59 and a beta of 0.72. AB US Low Volatility Equity ETF has a 52 week low of $71.99 and a 52 week high of $84.85.

Institutional Investors Weigh In On AB US Low Volatility Equity ETF

A number of hedge funds have recently made changes to their positions in the company. Alliancebernstein L.P. lifted its holdings in AB US Low Volatility Equity ETF by 14.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,338,681 shares of the company’s stock valued at $105,240,000 after purchasing an additional 164,766 shares during the last quarter. LPL Financial LLC grew its stake in AB US Low Volatility Equity ETF by 5.7% during the fourth quarter. LPL Financial LLC now owns 241,677 shares of the company’s stock worth $18,938,000 after buying an additional 13,100 shares during the last quarter. Wagner Wealth Management LLC increased its holdings in shares of AB US Low Volatility Equity ETF by 5.2% during the first quarter. Wagner Wealth Management LLC now owns 161,690 shares of the company’s stock worth $11,946,000 after buying an additional 7,960 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of AB US Low Volatility Equity ETF during the first quarter worth approximately $11,624,000. Finally, GFG Capital LLC increased its holdings in shares of AB US Low Volatility Equity ETF by 0.5% during the second quarter. GFG Capital LLC now owns 38,198 shares of the company’s stock worth $3,041,000 after buying an additional 179 shares in the last quarter.

AB US Low Volatility Equity ETF Company Profile

The AB US Low Volatility Equity ETF (LOWV) is an exchange-traded fund that mostly invests in total market equity. The fund is a portfolio of large- and mid-cap US stocks, actively managed to pursue lower volatility than the broader market. The selection and weighting of holdings is based on the Issuers fundamental and quantitative research. LOWV was launched on Mar 22, 2023 and is managed by AllianceBernstein.