AB International Buffer ETF (NASDAQ:BUFI) Trading Down 0.6% – Time to Sell?

AB International Buffer ETF (NASDAQ:BUFI) shares were down 0.6% on Thursday . The stock traded as low as $40.81 and last traded at $40.88. Approximately 42,159 shares traded hands during mid-day trading, an increase of 79% from the average daily volume of 23,519 shares. The stock had previously closed at $41.14.

AB International Buffer ETF Stock Performance

The company has a 50 day simple moving average of $40.33 and a 200 day simple moving average of $39.30.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AB International Buffer ETF stock. Alliancebernstein L.P. grew its holdings in shares of AB International Buffer ETF (NASDAQ:BUFI) by 68.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,203,388 shares of the company’s stock after buying an additional 490,567 shares during the quarter. Alliancebernstein L.P. owned 92.57% of AB International Buffer ETF worth $45,446,000 at the end of the most recent quarter.

AB International Buffer ETF Company Profile

The AB International Buffer ETF Intl Buffer ETF (BUFI) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of the iShares MSCI EAFE ETF (ticker: EFA), up to a cap while buffering the first 10% decline. The fund employs FLEX options to implement this strategy and resets its cap and buffer levels at each outcome period. BUFI was launched on Dec 9, 2024 and is issued by AB Funds.