Red Crane Wealth Management LLC Purchases 41,589 Shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF $PBQQ

Red Crane Wealth Management LLC raised its position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) by 219.8% in the third quarter, Holdings Channel.com reports. The fund owned 60,506 shares of the company’s stock after acquiring an additional 41,589 shares during the quarter. PGIM Laddered Nasdaq-100 Buffer 12 ETF makes up approximately 1.4% of Red Crane Wealth Management LLC’s portfolio, making the stock its 27th biggest holding. Red Crane Wealth Management LLC’s holdings in PGIM Laddered Nasdaq-100 Buffer 12 ETF were worth $1,961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the company. B. Riley Wealth Advisors Inc. purchased a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the third quarter valued at approximately $989,000. NewEdge Advisors LLC acquired a new stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the second quarter worth approximately $1,302,000. Centaurus Financial Inc. increased its position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 406.8% during the first quarter. Centaurus Financial Inc. now owns 35,369 shares of the company’s stock worth $1,002,000 after purchasing an additional 28,390 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 68.5% during the first quarter. Cetera Investment Advisers now owns 13,091 shares of the company’s stock worth $371,000 after purchasing an additional 5,320 shares in the last quarter.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Performance

Shares of PBQQ opened at $32.56 on Wednesday. The stock has a 50 day moving average price of $32.06 and a 200 day moving average price of $31.19. PGIM Laddered Nasdaq-100 Buffer 12 ETF has a one year low of $27.77 and a one year high of $32.86. The stock has a market capitalization of $95.74 million, a price-to-earnings ratio of 30.37 and a beta of 0.64.

About PGIM Laddered Nasdaq-100 Buffer 12 ETF

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.