AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Short Interest Update

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 401 shares, a decline of 53.5% from the July 15th total of 862 shares. Based on an average daily volume of 3,411 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Alliancebernstein L.P. raised its holdings in AB US Low Volatility Equity ETF by 27.3% in the 2nd quarter. Alliancebernstein L.P. now owns 1,173,915 shares of the company’s stock valued at $88,175,000 after acquiring an additional 251,630 shares during the period. Arkadios Wealth Advisors acquired a new position in shares of AB US Low Volatility Equity ETF in the first quarter valued at approximately $11,624,000. Signature Estate & Investment Advisors LLC acquired a new position in shares of AB US Low Volatility Equity ETF in the fourth quarter valued at approximately $1,525,000. LPL Financial LLC grew its position in shares of AB US Low Volatility Equity ETF by 5.7% in the fourth quarter. LPL Financial LLC now owns 241,677 shares of the company’s stock valued at $18,938,000 after purchasing an additional 13,100 shares during the last quarter. Finally, Wagner Wealth Management LLC increased its stake in shares of AB US Low Volatility Equity ETF by 5.2% during the first 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 0.4%

Shares of LOWV traded down $0.35 during trading hours on Friday, hitting $84.24. The company had a trading volume of 5,730 shares, compared to its average volume of 9,368. The business has a fifty day moving average of $81.05 and a 200-day moving average of $79.04. The firm has a market cap of $210.60 million, a price-to-earnings ratio of 25.59 and a beta of 0.72. AB US Low Volatility Equity ETF has a 12 month low of $71.99 and a 12 month high of $84.85.

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.