AB Conservative Buffer ETF (NASDAQ:BUFC) Sets New 52-Week High – Should You Buy?

AB Conservative Buffer ETF (NASDAQ:BUFC – Get Free Report)’s share price hit a new 52-week high during trading on Monday. The stock traded as high as $43.71 and last traded at $43.61, with a volume of 6,299 shares. The stock had previously closed at $43.67.

AB Conservative Buffer ETF Price Performance

The company has a market cap of $1.11 billion, a P/E ratio of 25.09 and a beta of 0.26. The stock has a fifty day moving average price of $43.30 and a two-hundred day moving average price of $42.50.

Institutional Investors Weigh In On AB Conservative Buffer ETF

An institutional investor recently bought a new position in AB Conservative Buffer ETF stock. Rockefeller Capital Management L.P. acquired a new position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,282 shares of the company’s stock, valued at approximately $218,000.

About AB Conservative Buffer ETF

(Get Free Report)

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.

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