Wagner Wealth Management LLC Purchases 7,960 Shares of AB US Low Volatility Equity ETF $LOWV

Wagner Wealth Management LLC boosted its position in AB US Low Volatility Equity ETF (NYSEARCA:LOWV) by 5.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 161,690 shares of the company’s stock after purchasing an additional 7,960 shares during the period. AB US Low Volatility Equity ETF comprises approximately 2.4% of Wagner Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. Wagner Wealth Management LLC owned approximately 0.06% of AB US Low Volatility Equity ETF worth $11,946,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. GFG Capital LLC raised its stake in shares of AB US Low Volatility Equity ETF by 0.8% during the fourth quarter. GFG Capital LLC now owns 39,670 shares of the company’s stock worth $3,109,000 after acquiring an additional 331 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in shares of AB US Low Volatility Equity ETF by 77.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,153 shares of the company’s stock worth $87,000 after acquiring an additional 505 shares during the last quarter. Royal Bank of Canada purchased a new stake in shares of AB US Low Volatility Equity ETF in the 4th quarter valued at $41,000. Geneos Wealth Management Inc. boosted its stake in shares of AB US Low Volatility Equity ETF by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock valued at $135,000 after purchasing an additional 900 shares in the last quarter. Finally, Heritage Wealth Advisors bought a new position in shares of AB US Low Volatility Equity ETF during the 4th quarter valued at $165,000.

AB US Low Volatility Equity ETF Stock Performance

LOWV stock opened at $79.61 on Wednesday. The firm has a market cap of $199.03 million, a P/E ratio of 25.59 and a beta of 0.73. The firm’s fifty day moving average is $79.81 and its 200 day moving average is $78.25. AB US Low Volatility Equity ETF has a 52 week low of $71.99 and a 52 week high of $81.27.

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.