AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 316 shares, a decrease of 76.7% from the May 31st total of 1,358 shares. Based on an average daily trading volume, of 53,593 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
AB Conservative Buffer ETF Stock Performance
Shares of NASDAQ:BUFC traded up $0.01 during mid-day trading on Friday, hitting $42.32. 24,617 shares of the company traded hands, compared to its average volume of 48,551. The firm’s 50 day simple moving average is $42.20 and its 200 day simple moving average is $41.57. The firm has a market cap of $1.05 billion, a P/E ratio of 25.09 and a beta of 0.26. AB Conservative Buffer ETF has a 52-week low of $38.40 and a 52-week high of $42.62.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. purchased a new position in shares of AB Conservative Buffer ETF in the fourth quarter valued at $218,000. Assetmark Inc. lifted its holdings in AB Conservative Buffer ETF by 28.7% in the 4th quarter. Assetmark Inc. now owns 5,953 shares of the company’s stock worth $246,000 after buying an additional 1,327 shares in the last quarter. Scarborough Advisors LLC lifted its holdings in AB Conservative Buffer ETF by 200.3% in the 4th quarter. Scarborough Advisors LLC now owns 9,729 shares of the company’s stock worth $402,000 after buying an additional 6,489 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of AB Conservative Buffer ETF during the first quarter worth about $426,000. Finally, Bailard Inc. acquired a new position in shares of AB Conservative Buffer ETF in the fourth quarter worth about $494,000.
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.
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