AB California Intermediate Municipal ETF (NYSEARCA:CAM) Reaches New 1-Year Low – Here’s What Happened

AB California Intermediate Municipal ETF (NYSEARCA:CAMGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $24.85 and last traded at $24.85, with a volume of 4533 shares traded. The stock had previously closed at $24.91.

AB California Intermediate Municipal ETF Trading Down 0.2%

The business’s 50 day moving average is $25.05 and its 200 day moving average is $25.15. The stock has a market capitalization of $1.12 billion, a PE ratio of 7.70 and a beta of 0.15.

Institutional Investors Weigh In On AB California Intermediate Municipal ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Diversify Wealth Management LLC bought a new stake in shares of AB California Intermediate Municipal ETF during the first quarter valued at approximately $301,000. Sanctuary Advisors LLC purchased a new position in AB California Intermediate Municipal ETF during the 1st quarter worth $311,000. Retirement Planning Group LLC purchased a new position in AB California Intermediate Municipal ETF during the 1st quarter worth $513,000. Fifth Third Bancorp bought a new stake in AB California Intermediate Municipal ETF during the 1st quarter valued at $1,486,000. Finally, Planned Solutions Inc. bought a new stake in AB California Intermediate Municipal ETF during the 4th quarter valued at $2,641,000. 85.00% of the stock is currently owned by hedge funds and other institutional investors.

About AB California Intermediate Municipal ETF

(Get Free Report)

Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to worldwide oil, gas and process industries. The Company operates through four business segments: Subsea, Surface, Drilling and Valves & Measurement (V&M). The Subsea segment delivers integrated solutions, products, systems and services to the subsea oil and gas market, including integrated subsea production systems. Cameron’s Surface segment designs and manufactures wellhead and Christmas tree systemsfor onshore and offshore topside applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil.

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