AB US Low Volatility Equity ETF (NYSEARCA:LOWV – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 180 shares, an increase of 195.1% from the September 30th total of 61 shares. Based on an average daily volume of 4,650 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. bought a new stake in shares of AB US Low Volatility Equity ETF in the 4th quarter valued at approximately $239,000. GFG Capital LLC lifted its holdings in shares of AB US Low Volatility Equity ETF by 0.5% in the 2nd quarter. GFG Capital LLC now owns 38,198 shares of the company’s stock worth $3,041,000 after acquiring an additional 179 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of AB US Low Volatility Equity ETF by 7.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 46,886 shares of the company’s stock worth $3,733,000 after acquiring an additional 3,240 shares during the last quarter. Arkadios Wealth Advisors purchased a new position in shares of AB US Low Volatility Equity ETF during the 1st quarter worth about $11,624,000. Finally, Wagner Wealth Management LLC boosted its stake in shares of AB US Low Volatility Equity ETF by 5.2% during the 1st quarter. Wagner Wealth Management LLC now owns 161,690 shares of the company’s stock worth $11,946,000 after purchasing an additional 7,960 shares during the period.
AB US Low Volatility Equity ETF Stock Down 0.3%
AB US Low Volatility Equity ETF stock traded down $0.22 during mid-day trading on Thursday, reaching $85.00. 384 shares of the company’s stock traded hands, compared to its average volume of 9,034. The company has a market cap of $204.00 million, a price-to-earnings ratio of 25.59 and a beta of 0.72. The stock has a 50 day moving average of $83.75 and a two-hundred day moving average of $80.27. AB US Low Volatility Equity ETF has a 12-month low of $71.99 and a 12-month high of $85.58.
About AB US Low Volatility Equity ETF
The AB US Low Volatility Equity ETF (LOWV) is an exchange-traded fund that mostly invests in total market equity. The fund is a portfolio of large- and mid-cap US stocks, actively managed to pursue lower volatility than the broader market. The selection and weighting of holdings is based on the Issuers fundamental and quantitative research. LOWV was launched on Mar 22, 2023 and is managed by AllianceBernstein.
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