AB Conservative Buffer ETF (NASDAQ:BUFC) Hits New 12-Month High at $38.61

Shares of AB Conservative Buffer ETF (NASDAQ:BUFC) hit a new 52-week high on Monday . The stock traded as high as $38.61 and last traded at $38.61, with a volume of 18883 shares changing hands. The stock had previously closed at $38.50.

AB Conservative Buffer ETF Trading Up 0.3 %

The firm has a fifty day moving average of $37.93 and a two-hundred day moving average of $37.26.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AB Conservative Buffer ETF stock. Quantum Private Wealth LLC purchased a new stake in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,000 shares of the company’s stock, valued at approximately $413,000. Quantum Private Wealth LLC owned about 0.07% of AB Conservative Buffer ETF at the end of the most recent reporting period.

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.