AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 133 shares, a decline of 95.0% from the September 30th total of 2,681 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 34,684 shares, the short-interest ratio is presently 0.0 days.
AB US Large Cap Strategic Equities ETF Trading Up 0.5%
NYSEARCA:LRGC traded up $0.41 during trading hours on Monday, hitting $86.08. The company’s stock had a trading volume of 14,203 shares, compared to its average volume of 59,711. The stock has a market capitalization of $1.36 billion, a P/E ratio of 25.96 and a beta of 0.99. The stock has a fifty day moving average of $86.34 and a 200-day moving average of $81.90. AB US Large Cap Strategic Equities ETF has a 52-week low of $71.25 and a 52-week high of $88.18.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. Valeo Financial Advisors LLC purchased a new position in shares of AB US Large Cap Strategic Equities ETF in the 2nd quarter valued at about $206,000. Bank of America Corp DE raised its position in shares of AB US Large Cap Strategic Equities ETF by 3.0% during the 1st quarter. Bank of America Corp DE now owns 21,719 shares of the company’s stock worth $1,596,000 after acquiring an additional 628 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in AB US Large Cap Strategic Equities ETF during the first quarter worth approximately $7,549,000. Royal Bank of Canada purchased a new stake in AB US Large Cap Strategic Equities ETF during the first quarter worth approximately $64,000. Finally, Avalon Trust Co purchased a new stake in AB US Large Cap Strategic Equities ETF during the first quarter worth approximately $108,000.
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.
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