AB International Low Volatility Equity ETF (NYSEARCA:ILOW – Get Free Report) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 139,358 shares, an increase of 784.3% from the May 31st total of 15,759 shares. Based on an average daily trading volume, of 48,400 shares, the short-interest ratio is currently 2.9 days. Approximately 0.4% of the shares of the stock are short sold.
AB International Low Volatility Equity ETF Trading Up 0.7%
Shares of AB International Low Volatility Equity ETF stock opened at $44.96 on Friday. The company’s 50-day moving average price is $44.88 and its 200-day moving average price is $43.98. AB International Low Volatility Equity ETF has a 12-month low of $40.40 and a 12-month high of $46.32. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 17.53 and a beta of 0.37.
Institutional Trading of AB International Low Volatility Equity ETF
Several institutional investors and hedge funds have recently bought and sold shares of the company. Huntington National Bank bought a new position in AB International Low Volatility Equity ETF in the 4th quarter valued at $75,000. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of AB International Low Volatility Equity ETF in the fourth quarter worth $85,000. JPMorgan Chase & Co. purchased a new stake in shares of AB International Low Volatility Equity ETF in the third quarter worth $964,000. TIAA Trust National Association bought a new stake in AB International Low Volatility Equity ETF during the fourth quarter valued at $1,298,000. Finally, Flow Traders U.S. LLC bought a new stake in AB International Low Volatility Equity ETF during the third quarter valued at $1,503,000.
AB International Low Volatility Equity ETF Company Profile
The AB International Low Volatility Equity ETF (ILOW) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital growth through investments in large- and mid-cap equity securities located outside of the US. Security selection and weighting focuses on company fundamentals and quantitative research. ILOW was launched on Jul 29, 2015 and is issued by AB Funds.
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