AB Conservative Buffer ETF (NASDAQ:BUFC) Hits New 12-Month High at $38.52

Shares of AB Conservative Buffer ETF (NASDAQ:BUFC) reached a new 52-week high during trading on Tuesday . The company traded as high as $38.52 and last traded at $38.51, with a volume of 10736 shares. The stock had previously closed at $38.44.

AB Conservative Buffer ETF Price Performance

The stock has a fifty day moving average of $37.87 and a two-hundred day moving average of $37.19.

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 acquired a new position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 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 at the end of the most recent reporting period.

About AB Conservative Buffer ETF

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.