AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Short Interest Update

AB US Low Volatility Equity ETF (NYSEARCA:LOWV) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 3,004 shares, a decrease of 36.6% from the November 30th total of 4,736 shares. Based on an average daily trading volume, of 9,489 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 9,489 shares, the days-to-cover ratio is currently 0.3 days.

AB US Low Volatility Equity ETF Price Performance

Shares of AB US Low Volatility Equity ETF stock traded down $0.08 during trading on Tuesday, hitting $78.89. 5,462 shares of the company were exchanged, compared to its average volume of 8,099. The firm has a market capitalization of $165.67 million, a P/E ratio of 25.59 and a beta of 0.71. The firm’s fifty day moving average price is $78.50 and its 200 day moving average price is $77.18. AB US Low Volatility Equity ETF has a 1-year low of $62.19 and a 1-year high of $80.12.

Institutional Investors Weigh In On AB US Low Volatility Equity ETF

Several large investors have recently bought and sold shares of LOWV. Alliancebernstein L.P. boosted its position in shares of AB US Low Volatility Equity ETF by 14.0% during the third quarter. Alliancebernstein L.P. now owns 1,338,681 shares of the company’s stock worth $105,240,000 after purchasing an additional 164,766 shares in the last quarter. Wagner Wealth Management LLC raised its stake in AB US Low Volatility Equity ETF by 4.8% during the 3rd quarter. Wagner Wealth Management LLC now owns 148,491 shares of the company’s stock worth $11,674,000 after buying an additional 6,796 shares during the period. Intrepid Financial Planning Group LLC raised its stake in AB US Low Volatility Equity ETF by 3.0% during the 3rd quarter. Intrepid Financial Planning Group LLC now owns 108,434 shares of the company’s stock worth $8,525,000 after buying an additional 3,117 shares during the period. GFG Capital LLC lifted its holdings in AB US Low Volatility Equity ETF by 2.2% during the third quarter. GFG Capital LLC now owns 39,339 shares of the company’s stock worth $3,093,000 after acquiring an additional 861 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in AB US Low Volatility Equity ETF by 35.5% in the third quarter. Envestnet Asset Management Inc. now owns 18,965 shares of the company’s stock valued at $1,491,000 after acquiring an additional 4,970 shares during the period.

About AB US Low Volatility Equity ETF

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.