AB Conservative Buffer ETF (NASDAQ:BUFC) Sees Strong Trading Volume – Should You Buy?

AB Conservative Buffer ETF (NASDAQ:BUFCGet Free Report) shares saw strong trading volume on Thursday . 82,138 shares were traded during trading, an increase of 12% from the previous session’s volume of 73,277 shares.The stock last traded at $39.91 and had previously closed at $40.03.

AB Conservative Buffer ETF Stock Performance

The company’s 50-day moving average price is $39.49 and its two-hundred day moving average price is $38.89.

Institutional Investors Weigh In On AB Conservative Buffer ETF

Large investors have recently modified their holdings of the company. Quantum Private Wealth LLC grew its holdings in AB Conservative Buffer ETF by 54.5% in the third quarter. Quantum Private Wealth LLC now owns 17,000 shares of the company’s stock worth $656,000 after purchasing an additional 6,000 shares during the period. HighTower Advisors LLC acquired a new stake in AB Conservative Buffer ETF in the third quarter worth $3,250,000. Ausdal Financial Partners Inc. grew its holdings in AB Conservative Buffer ETF by 5.9% in the fourth quarter. Ausdal Financial Partners Inc. now owns 11,886 shares of the company’s stock worth $466,000 after purchasing an additional 663 shares during the period. Alliancebernstein L.P. grew its holdings in AB Conservative Buffer ETF by 11.5% in the fourth quarter. Alliancebernstein L.P. now owns 13,728,764 shares of the company’s stock worth $537,756,000 after purchasing an additional 1,410,754 shares during the period. Finally, OLD Mission Capital LLC acquired a new stake in AB Conservative Buffer ETF in the fourth quarter worth $421,000.

AB Conservative Buffer ETF Company Profile

(Get Free Report)

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.

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