AB Conservative Buffer ETF (NASDAQ:BUFC) Sees Strong Trading Volume – What’s Next?

AB Conservative Buffer ETF (NASDAQ:BUFC) shares saw strong trading volume on Tuesday . 200,117 shares were traded during trading, an increase of 194% from the previous session’s volume of 68,114 shares.The stock last traded at $39.01 and had previously closed at $39.04.

AB Conservative Buffer ETF Trading Up 0.4 %

The company has a 50 day moving average of $39.24 and a 200-day moving average of $38.51.

Institutional Investors Weigh In On AB Conservative Buffer ETF

An institutional investor recently bought a new position in AB Conservative Buffer ETF stock. HighTower Advisors LLC bought a new position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 84,139 shares of the company’s stock, valued at approximately $3,250,000. HighTower Advisors LLC owned approximately 0.49% of AB Conservative Buffer ETF at the end of the most recent quarter.

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.