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

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 1,087 shares, a decline of 56.8% from the January 29th total of 2,514 shares. Based on an average daily trading volume, of 7,529 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,529 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On AB US Low Volatility Equity ETF

Several hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its stake in AB US Low Volatility Equity ETF by 65.0% during the second quarter. Envestnet Asset Management Inc. now owns 13,995 shares of the company’s stock valued at $1,051,000 after purchasing an additional 5,514 shares during the last quarter. Intrepid Financial Planning Group LLC grew its position in AB US Low Volatility Equity ETF by 3.2% in the second quarter. Intrepid Financial Planning Group LLC now owns 105,317 shares of the company’s stock worth $7,911,000 after buying an additional 3,242 shares during the last quarter. Wagner Wealth Management LLC increased its holdings in shares of AB US Low Volatility Equity ETF by 4.8% in the third quarter. Wagner Wealth Management LLC now owns 148,491 shares of the company’s stock valued at $11,674,000 after buying an additional 6,796 shares in the last quarter. GFG Capital LLC lifted its position in shares of AB US Low Volatility Equity ETF by 0.8% during the 4th quarter. GFG Capital LLC now owns 39,670 shares of the company’s stock valued at $3,109,000 after acquiring an additional 331 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of AB US Low Volatility Equity ETF by 5.7% during the 4th quarter. LPL Financial LLC now owns 241,677 shares of the company’s stock worth $18,938,000 after acquiring an additional 13,100 shares in the last quarter.

AB US Low Volatility Equity ETF Trading Up 0.2%

LOWV stock traded up $0.15 during trading hours on Friday, hitting $78.21. 9,151 shares of the stock traded hands, compared to its average volume of 12,688. The stock has a 50-day simple moving average of $78.37 and a 200 day simple moving average of $78.15. The company has a market cap of $179.88 million, a P/E ratio of 25.59 and a beta of 0.71. AB US Low Volatility Equity ETF has a one year low of $62.19 and a one year high of $80.12.

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.