Shares of AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report) hit a new 52-week high during mid-day trading on Monday. The stock traded as high as $43.71 and last traded at $43.61, with a volume of 6,299 shares trading hands. The stock had previously closed at $43.67.
AB Conservative Buffer ETF Trading Down 0.3%
The company has a fifty day moving average price of $43.32 and a two-hundred day moving average price of $42.55. The firm has a market cap of $1.11 billion, a P/E ratio of 25.09 and a beta of 0.26.
Hedge Funds Weigh In On AB Conservative Buffer ETF
A hedge fund recently bought a new position in AB Conservative Buffer ETF stock. Rockefeller Capital Management L.P. purchased a new position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 5,282 shares of the company’s stock, valued at approximately $218,000.
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.
See Also
- Five stocks we like better than AB Conservative Buffer ETF
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
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.
