AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $43.19 and last traded at $43.09, with a volume of 13875 shares. The stock had previously closed at $43.16.
AB Conservative Buffer ETF Price Performance
The company has a market cap of $1.06 billion, a P/E ratio of 25.09 and a beta of 0.26. The stock has a fifty day moving average price of $42.56 and a two-hundred day moving average price of $41.83.
Hedge Funds Weigh In On AB Conservative Buffer ETF
Several large investors have recently bought and sold shares of BUFC. Rockefeller Capital Management L.P. purchased a new position in AB Conservative Buffer ETF during the 4th quarter worth $218,000. OLD Mission Capital LLC raised its holdings in shares of AB Conservative Buffer ETF by 44.5% in the fourth quarter. OLD Mission Capital LLC now owns 32,056 shares of the company’s stock valued at $1,325,000 after purchasing an additional 9,877 shares during the last quarter. Scarborough Advisors LLC lifted its position in shares of AB Conservative Buffer ETF by 200.3% during the fourth quarter. Scarborough Advisors LLC now owns 9,729 shares of the company’s stock valued at $402,000 after purchasing an additional 6,489 shares in the last quarter. Legacy Wealth Advisors LLC bought a new position in shares of AB Conservative Buffer ETF during the fourth quarter valued at about $6,726,000. Finally, HighTower Advisors LLC lifted its position in shares of AB Conservative Buffer ETF by 2.7% during the fourth quarter. HighTower Advisors LLC now owns 91,407 shares of the company’s stock valued at $3,777,000 after purchasing an additional 2,423 shares in the last quarter.
About AB Conservative Buffer ETF
The AB Conservative Buffer ETF (BUFC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 15% decline. The fund resets its buffer and cap levels every three-months BUFC was launched on Dec 13, 2023 and is issued by AB Funds.
Recommended Stories
- Five stocks we like better than AB Conservative Buffer ETF
- SpaceX: Love the Company, But the Stock Is a Harder Call
- Ulta’s Growth Is Real, But So Are the Risks
- BWX Technologies Is Turning the AI Power Problem Into a Nuclear Growth Story
- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth
Receive News & Ratings for AB Conservative Buffer ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB Conservative Buffer ETF and related companies with MarketBeat.com's FREE daily email newsletter.
