AB Conservative Buffer ETF (NASDAQ:BUFC) Hits New 52-Week High – Here’s What Happened

AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report)’s share price reached a new 52-week high on Monday. The stock traded as high as $43.53 and last traded at $43.56, with a volume of 6441 shares. The stock had previously closed at $43.47.

AB Conservative Buffer ETF Trading Up 0.2%

The firm has a market cap of $1.12 billion, a P/E ratio of 25.09 and a beta of 0.26. The company has a fifty day moving average price of $43.19 and a two-hundred day moving average price of $42.40.

Institutional Investors Weigh In On AB Conservative Buffer ETF

An institutional investor recently bought a new position in AB Conservative Buffer ETF stock. Rockefeller Capital Management L.P. bought a new position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,282 shares of the company’s stock, valued at approximately $218,000.

About AB Conservative Buffer ETF

(Get Free Report)

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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