AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC – Get Free Report) saw a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 5,139 shares, a decrease of 38.3% from the July 30th total of 8,327 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 47,211 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On AB US Large Cap Strategic Equities ETF
Hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. bought a new position in shares of AB US Large Cap Strategic Equities ETF during the 4th quarter valued at about $6,168,000. Arkadios Wealth Advisors bought a new stake in shares of AB US Large Cap Strategic Equities ETF in the 1st quarter worth approximately $7,549,000. Avalon Trust Co bought a new stake in shares of AB US Large Cap Strategic Equities ETF in the 1st quarter worth approximately $108,000. Royal Bank of Canada acquired a new stake in AB US Large Cap Strategic Equities ETF during the first quarter valued at approximately $64,000. Finally, JPMorgan Chase & Co. bought a new stake in AB US Large Cap Strategic Equities ETF during the third quarter worth approximately $55,000.
AB US Large Cap Strategic Equities ETF Trading Down 0.7%
NYSEARCA:LRGC traded down $0.59 during midday trading on Tuesday, hitting $85.55. 28,110 shares of the stock were exchanged, compared to its average volume of 66,926. The business has a 50-day moving average price of $85.25 and a two-hundred day moving average price of $81.28. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 25.96 and a beta of 0.99. AB US Large Cap Strategic Equities ETF has a one year low of $71.25 and a one year high of $88.18.
AB US Large Cap Strategic Equities ETF Company Profile
The AB US Large Cap Strategic Equities ETF (LRGC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US companies. Its stock selection process combines fundamental and quantitative research to identify opportunities while managing risk. LRGC was launched on Sep 20, 2023 and is issued by AB Funds.
See Also
- Five stocks we like better than AB US Large Cap Strategic Equities ETF
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Receive News & Ratings for AB US Large Cap Strategic Equities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB US Large Cap Strategic Equities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
