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

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 379 shares, a growth of 781.4% from the August 15th total of 43 shares. Based on an average trading volume of 14,495 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

AB US Low Volatility Equity ETF Price Performance

Shares of LOWV stock traded up $0.54 during trading hours on Friday, reaching $82.93. The company had a trading volume of 7,138 shares, compared to its average volume of 9,659. AB US Low Volatility Equity ETF has a 12 month low of $71.99 and a 12 month high of $84.85. The business has a fifty day simple moving average of $82.76 and a 200-day simple moving average of $79.83. The company has a market cap of $207.33 million, a price-to-earnings ratio of 25.59 and a beta of 0.72.

Hedge Funds Weigh In On AB US Low Volatility Equity ETF

A number of hedge funds have recently bought and sold shares of LOWV. Alliancebernstein L.P. lifted its position in shares of AB US Low Volatility Equity ETF by 14.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,338,681 shares of the company’s stock worth $105,240,000 after buying an additional 164,766 shares in the last quarter. LPL Financial LLC grew its holdings 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 acquiring an additional 13,100 shares in the last quarter. Wagner Wealth Management LLC increased its position 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 valued at $11,946,000 after acquiring an additional 7,960 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of AB US Low Volatility Equity ETF during the 1st quarter valued at $11,624,000. Finally, GFG Capital LLC raised its position in AB US Low Volatility Equity ETF by 0.5% in the second quarter. GFG Capital LLC now owns 38,198 shares of the company’s stock worth $3,041,000 after acquiring an additional 179 shares during the period.

AB US Low Volatility Equity ETF Company Profile

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.