AB Conservative Buffer ETF (NASDAQ:BUFC) Sets New 12-Month High – Here’s What Happened

Shares of AB Conservative Buffer ETF (NASDAQ:BUFC) reached a new 52-week high on Thursday . The company traded as high as $39.70 and last traded at $39.69, with a volume of 22000 shares trading hands. The stock had previously closed at $39.61.

AB Conservative Buffer ETF Stock Up 0.1 %

The stock has a fifty day moving average of $39.32 and a 200 day moving average of $38.61.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AB Conservative Buffer ETF stock. Quantum Private Wealth LLC increased its holdings in AB Conservative Buffer ETF (NASDAQ:BUFC) by 54.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,000 shares of the company’s stock after purchasing an additional 6,000 shares during the period. Quantum Private Wealth LLC owned 0.10% of AB Conservative Buffer ETF worth $656,000 as of its most recent SEC filing.

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.