AB Conservative Buffer ETF (NASDAQ:BUFC) Hits New 52-Week High at $38.39

AB Conservative Buffer ETF (NASDAQ:BUFC)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $38.39 and last traded at $38.38, with a volume of 5315 shares trading hands. The stock had previously closed at $38.30.

AB Conservative Buffer ETF Trading Up 0.2 %

The company has a 50 day moving average price of $37.82 and a 200 day moving average price of $37.13.

Hedge Funds Weigh In On AB Conservative Buffer ETF

A hedge fund recently bought a new stake in AB Conservative Buffer ETF stock. Quantum Private Wealth LLC purchased a new position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,000 shares of the company’s stock, valued at approximately $413,000. Quantum Private Wealth LLC owned approximately 0.07% of AB Conservative Buffer ETF as of its most recent SEC filing.

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.