AB International Buffer ETF (NASDAQ:BUFI) Trading Down 0.6% – Here’s What Happened

AB International Buffer ETF (NASDAQ:BUFI)’s stock price was down 0.6% on Thursday . The stock traded as low as $40.81 and last traded at $40.88. Approximately 42,159 shares changed hands during trading, an increase of 79% from the average daily volume of 23,519 shares. The stock had previously closed at $41.14.

AB International Buffer ETF Price Performance

The stock has a 50-day moving average price of $40.37 and a 200 day moving average price of $39.32.

Institutional Investors Weigh In On AB International Buffer ETF

An institutional investor recently raised its position in AB International Buffer ETF stock. Alliancebernstein L.P. grew its position in shares of AB International Buffer ETF (NASDAQ:BUFI) by 30.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,568,486 shares of the company’s stock after purchasing an additional 365,098 shares during the quarter. Alliancebernstein L.P. owned approximately 92.26% of AB International Buffer ETF worth $61,089,000 as of its most recent filing with the SEC.

About AB International Buffer ETF

The AB International Buffer ETF Intl Buffer ETF (BUFI) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of the iShares MSCI EAFE ETF (ticker: EFA), up to a cap while buffering the first 10% decline. The fund employs FLEX options to implement this strategy and resets its cap and buffer levels at each outcome period. BUFI was launched on Dec 9, 2024 and is issued by AB Funds.