AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) Short Interest Update

AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 443 shares, a decrease of 96.0% from the December 31st total of 11,077 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 33,881 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 33,881 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of AB US Large Cap Strategic Equities ETF

A number of institutional investors have recently made changes to their positions in LRGC. Envestnet Asset Management Inc. bought a new stake in shares of AB US Large Cap Strategic Equities ETF during the second quarter valued at approximately $2,952,000. MGO One Seven LLC boosted its holdings in AB US Large Cap Strategic Equities ETF by 7.3% in the second quarter. MGO One Seven LLC now owns 67,339 shares of the company’s stock valued at $4,814,000 after acquiring an additional 4,553 shares during the last quarter. Good Life Advisors LLC grew its holdings in AB US Large Cap Strategic Equities ETF by 2.4% during the 2nd quarter. Good Life Advisors LLC now owns 115,012 shares of the company’s stock worth $8,222,000 after acquiring an additional 2,700 shares during the period. Susquehanna International Group LLP bought a new stake in shares of AB US Large Cap Strategic Equities ETF in the 3rd quarter valued at about $746,000. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of AB US Large Cap Strategic Equities ETF in the 3rd quarter valued at $210,000.

AB US Large Cap Strategic Equities ETF Stock Performance

Shares of LRGC stock traded up $0.07 during trading hours on Wednesday, reaching $79.13. The company had a trading volume of 38,833 shares, compared to its average volume of 36,063. AB US Large Cap Strategic Equities ETF has a twelve month low of $55.94 and a twelve month high of $82.00. The company has a market capitalization of $728.00 million, a P/E ratio of 25.96 and a beta of 1.03. The stock’s fifty day simple moving average is $77.97 and its 200 day simple moving average is $76.49.

About AB US Large Cap Strategic Equities ETF

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.