AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Stock Short Interest Report for September
by Teresa Graham · The Cerbat GemAB US Low Volatility Equity ETF (NYSEARCA:LOWV – Get Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 61 shares, a decline of 83.5% from the September 15th total of 370 shares. Based on an average daily volume of 5,860 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.
AB US Low Volatility Equity ETF Stock Up 0.8%
Shares of AB US Low Volatility Equity ETF stock traded up $0.68 during trading on Friday, reaching $84.75. The company’s stock had a trading volume of 7,490 shares, compared to its average volume of 9,255. The business’s 50-day moving average price is $83.51 and its 200-day moving average price is $80.69. AB US Low Volatility Equity ETF has a 52 week low of $71.99 and a 52 week high of $84.85. The firm has a market cap of $203.40 million, a PE ratio of 25.59 and a beta of 0.72.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. bought a new stake in shares of AB US Low Volatility Equity ETF during the fourth quarter worth about $239,000. Rubicon Advisors GP bought a new position in AB US Low Volatility Equity ETF in the 4th quarter valued at approximately $331,000. GFG Capital LLC raised its holdings in AB US Low Volatility Equity ETF by 0.5% in the 2nd quarter. GFG Capital LLC now owns 38,198 shares of the company’s stock valued at $3,041,000 after buying an additional 179 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in AB US Low Volatility Equity ETF by 7.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 46,886 shares of the company’s stock worth $3,733,000 after buying an additional 3,240 shares during the period. Finally, Arkadios Wealth Advisors acquired a new stake in AB US Low Volatility Equity ETF during the 1st quarter worth approximately $11,624,000.
About AB US Low Volatility Equity ETF
The AB US Low Volatility Equity ETF (LOWV) is an exchange-traded fund that mostly invests in total market equity. The fund is a portfolio of large- and mid-cap US stocks, actively managed to pursue lower volatility than the broader market. The selection and weighting of holdings is based on the Issuers fundamental and quantitative research. LOWV was launched on Mar 22, 2023 and is managed by AllianceBernstein.
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