AB Conservative Buffer ETF (NASDAQ:BUFC) Sees Unusually-High Trading Volume – Here’s What Happened

AB Conservative Buffer ETF (NASDAQ:BUFC) saw unusually-high trading volume on Thursday . Approximately 167,766 shares changed hands during trading, an increase of 158% from the previous session’s volume of 64,972 shares.The stock last traded at $39.66 and had previously closed at $39.65.

AB Conservative Buffer ETF Stock Up 0.1 %

The stock has a fifty day moving average of $39.35 and a 200-day moving average of $38.65.

Institutional Investors Weigh In On AB Conservative Buffer ETF

A hedge fund recently raised its stake in AB Conservative Buffer ETF stock. Quantum Private Wealth LLC grew its position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) by 54.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,000 shares of the company’s stock after purchasing an additional 6,000 shares during the quarter. Quantum Private Wealth LLC owned approximately 0.10% of AB Conservative Buffer ETF worth $656,000 as of its most recent filing with the SEC.

AB Conservative Buffer ETF Company Profile

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.