AB Conservative Buffer ETF (NASDAQ:BUFC) Shares Acquired by Quantum Private Wealth LLC

Quantum Private Wealth LLC lifted its position in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) by 54.5% during the third quarter, Holdings Channel reports. The firm owned 17,000 shares of the company’s stock after acquiring an additional 6,000 shares during the quarter. Quantum Private Wealth LLC’s holdings in AB Conservative Buffer ETF were worth $656,000 as of its most recent filing with the SEC.

Separately, N.E.W. Advisory Services LLC acquired a new position in AB Conservative Buffer ETF in the 2nd quarter valued at about $800,000.

AB Conservative Buffer ETF Stock Performance

Shares of BUFC stock opened at $39.05 on Friday. AB Conservative Buffer ETF has a 52-week low of $35.11 and a 52-week high of $39.10. The stock’s 50-day moving average price is $38.50 and its 200 day moving average price is $37.72.

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.