Wagner Wealth Management LLC Grows Position in AB US Low Volatility Equity ETF $LOWV

Wagner Wealth Management LLC grew its holdings in shares of AB US Low Volatility Equity ETF (NYSEARCA:LOWV) by 5.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 161,690 shares of the company’s stock after purchasing an additional 7,960 shares during the quarter. AB US Low Volatility Equity ETF comprises approximately 2.4% of Wagner Wealth Management LLC’s portfolio, making the stock its 13th biggest holding. Wagner Wealth Management LLC owned 6.47% of AB US Low Volatility Equity ETF worth $11,946,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of LOWV. Royal Bank of Canada bought a new stake in shares of AB US Low Volatility Equity ETF in the fourth quarter valued at approximately $41,000. Osaic Holdings Inc. boosted its holdings in AB US Low Volatility Equity ETF by 77.9% in the 2nd quarter. Osaic Holdings Inc. now owns 1,153 shares of the company’s stock worth $87,000 after buying an additional 505 shares during the period. Geneos Wealth Management Inc. boosted its holdings in AB US Low Volatility Equity ETF by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,800 shares of the company’s stock worth $135,000 after buying an additional 900 shares during the period. Heritage Wealth Advisors purchased a new position in AB US Low Volatility Equity ETF in the 4th quarter valued at approximately $165,000. Finally, Rockefeller Capital Management L.P. purchased a new position in AB US Low Volatility Equity ETF in the 4th quarter valued at approximately $239,000.

AB US Low Volatility Equity ETF Price Performance

Shares of LOWV stock opened at $79.61 on Wednesday. The company’s fifty day simple moving average is $79.81 and its two-hundred day simple moving average is $78.25. AB US Low Volatility Equity ETF has a 1 year low of $71.99 and a 1 year high of $81.27. The stock has a market capitalization of $199.03 million, a price-to-earnings ratio of 25.59 and a beta of 0.73.

AB US Low Volatility Equity ETF Company Profile

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.