AB California Intermediate Municipal ETF (NYSEARCA:CAM) Sets New 52-Week Low – What’s Next?

by · The Cerbat Gem

AB California Intermediate Municipal ETF (NYSEARCA:CAM – Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as $24.85 and last traded at $24.85, with a volume of 4533 shares trading hands. The stock had previously closed at $24.91.

AB California Intermediate Municipal ETF Stock Down 0.0%

The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 7.71 and a beta of -0.18. The stock has a fifty day moving average price of $25.03 and a 200-day moving average price of $25.15.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Planned Solutions Inc. acquired a new position in shares of AB California Intermediate Municipal ETF in the fourth quarter valued at approximately $2,641,000. Bank of America Corp DE increased its holdings in shares of AB California Intermediate Municipal ETF by 7.8% in the first quarter. Bank of America Corp DE now owns 362,698 shares of the oil and gas company’s stock valued at $9,056,000 after purchasing an additional 26,157 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of AB California Intermediate Municipal ETF in the first quarter valued at approximately $311,000. Retirement Planning Group LLC acquired a new position in shares of AB California Intermediate Municipal ETF in the first quarter valued at approximately $513,000. Finally, Diversify Wealth Management LLC acquired a new position in shares of AB California Intermediate Municipal ETF in the first quarter valued at approximately $301,000. Institutional investors and hedge funds own 85.00% of the company’s stock.

About AB California Intermediate Municipal ETF

(Get Free Report)

Cameron International Corporation (Cameron), incorporated on November 10, 1994, provides flow equipment products, systems and services to worldwide oil, gas and process industries. The Company operates through four business segments: Subsea, Surface, Drilling and Valves & Measurement (V&M). The Subsea segment delivers integrated solutions, products, systems and services to the subsea oil and gas market, including integrated subsea production systems. Cameron’s Surface segment designs and manufactures wellhead and Christmas tree systemsfor onshore and offshore topside applications – from conventional to high-pressure, high temperature systems, to specialized systems for dry completions and heavy oil.

Featured Stories