Shares of AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 82,138 shares changed hands during mid-day trading, an increase of 12% from the previous session’s volume of 73,277 shares.The stock last traded at $39.91 and had previously closed at $40.03.
AB Conservative Buffer ETF Price Performance
The firm’s 50-day simple moving average is $39.49 and its 200 day simple moving average is $38.89.
Hedge Funds Weigh In On AB Conservative Buffer ETF
Several large investors have recently modified their holdings of the business. Ancora Advisors LLC purchased a new position in shares of AB Conservative Buffer ETF in the fourth quarter worth about $125,000. Susquehanna International Group LLP increased its stake in shares of AB Conservative Buffer ETF by 355.6% in the fourth quarter. Susquehanna International Group LLP now owns 44,889 shares of the company’s stock worth $1,758,000 after purchasing an additional 35,036 shares in the last quarter. OLD Mission Capital LLC purchased a new position in shares of AB Conservative Buffer ETF in the fourth quarter worth about $421,000. Alliancebernstein L.P. increased its stake in shares of AB Conservative Buffer ETF by 11.5% in the fourth quarter. Alliancebernstein L.P. now owns 13,728,764 shares of the company’s stock worth $537,756,000 after purchasing an additional 1,410,754 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its stake in shares of AB Conservative Buffer ETF by 5.9% in the fourth quarter. Ausdal Financial Partners Inc. now owns 11,886 shares of the company’s stock worth $466,000 after purchasing an additional 663 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.
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