LPL Financial LLC Purchases 6,665 Shares of AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC)

LPL Financial LLC lifted its position in shares of AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 133,470 shares of the company’s stock after purchasing an additional 6,665 shares during the period. LPL Financial LLC owned 7.85% of AB US Large Cap Strategic Equities ETF worth $8,980,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new position in AB US Large Cap Strategic Equities ETF in the 4th quarter valued at $380,000. Quantum Private Wealth LLC boosted its position in shares of AB US Large Cap Strategic Equities ETF by 7.9% in the fourth quarter. Quantum Private Wealth LLC now owns 16,555 shares of the company’s stock valued at $1,114,000 after acquiring an additional 1,214 shares during the period. Finally, Wagner Wealth Management LLC grew its stake in shares of AB US Large Cap Strategic Equities ETF by 5.8% in the fourth quarter. Wagner Wealth Management LLC now owns 91,197 shares of the company’s stock valued at $6,136,000 after acquiring an additional 4,960 shares in the last quarter.

AB US Large Cap Strategic Equities ETF Stock Down 5.4 %

Shares of NYSEARCA:LRGC opened at $58.22 on Friday. AB US Large Cap Strategic Equities ETF has a 12-month low of $57.64 and a 12-month high of $70.98. The company’s 50 day moving average price is $67.36 and its two-hundred day moving average price is $67.77. The firm has a market cap of $301.58 million, a PE ratio of 25.49 and a beta of 1.05.

About AB US Large Cap Strategic Equities ETF

The AB US Large Cap Strategic Equities ETF (LRGC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US companies. Its stock selection process combines fundamental and quantitative research to identify opportunities while managing risk.