AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 316 shares, a decrease of 76.7% from the May 31st total of 1,358 shares. Based on an average daily volume of 53,593 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.
AB Conservative Buffer ETF Price Performance
Shares of NASDAQ BUFC opened at $42.32 on Friday. AB Conservative Buffer ETF has a 1 year low of $38.40 and a 1 year high of $42.62. The firm has a 50-day simple moving average of $42.20 and a two-hundred day simple moving average of $41.57. The company has a market cap of $1.05 billion, a P/E ratio of 25.09 and a beta of 0.26.
Institutional Investors Weigh In On AB Conservative Buffer ETF
Several hedge funds and other institutional investors have recently modified their holdings of the business. Rockefeller Capital Management L.P. bought a new stake in shares of AB Conservative Buffer ETF during the 4th quarter worth approximately $218,000. Assetmark Inc. boosted its holdings in AB Conservative Buffer ETF by 28.7% during the 4th quarter. Assetmark Inc. now owns 5,953 shares of the company’s stock valued at $246,000 after acquiring an additional 1,327 shares during the period. Scarborough Advisors LLC grew its position in AB Conservative Buffer ETF by 200.3% in the 4th quarter. Scarborough Advisors LLC now owns 9,729 shares of the company’s stock valued at $402,000 after acquiring an additional 6,489 shares during the last quarter. NewEdge Advisors LLC bought a new position in AB Conservative Buffer ETF in the 1st quarter valued at $426,000. Finally, Bailard Inc. bought a new position in AB Conservative Buffer ETF in the 4th quarter valued at $494,000.
About AB Conservative Buffer ETF
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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