AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 81,137 shares traded hands during mid-day trading, a decline of 13% from the previous session’s volume of 93,448 shares.The stock last traded at $38.68 and had previously closed at $38.38.
AB Conservative Buffer ETF Trading Up 0.7 %
The company has a market capitalization of $718.54 million, a price-to-earnings ratio of 26.21 and a beta of 0.22. The firm’s 50 day simple moving average is $39.36 and its 200-day simple moving average is $39.02.
Hedge Funds Weigh In On AB Conservative Buffer ETF
A number of institutional investors and hedge funds have recently made changes to their positions in BUFC. Ancora Advisors LLC acquired a new position in shares of AB Conservative Buffer ETF during the 4th quarter worth $125,000. OLD Mission Capital LLC acquired a new position in shares of AB Conservative Buffer ETF during the 4th quarter worth $421,000. Ausdal Financial Partners Inc. grew its stake in shares of AB Conservative Buffer ETF by 5.9% during the 4th quarter. Ausdal Financial Partners Inc. now owns 11,886 shares of the company’s stock worth $466,000 after purchasing an additional 663 shares during the period. Susquehanna International Group LLP grew its stake in shares of AB Conservative Buffer ETF by 355.6% during the 4th quarter. Susquehanna International Group LLP now owns 44,889 shares of the company’s stock worth $1,758,000 after purchasing an additional 35,036 shares during the period. Finally, HighTower Advisors LLC acquired a new position in shares of AB Conservative Buffer ETF during the 3rd quarter worth $3,250,000.
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
- Pros And Cons Of Monthly Dividend Stocks
- Super Micro’s International Presence Makes It a Winning Stock
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Grocery Outlet Insider and Institutional Buyers Signal Bottom
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Consumers Are Cutting Back, But These 3 Stocks Will Stay Strong
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.
