AB US Low Volatility Equity ETF (NYSEARCA:LOWV) Position Increased by Alliancebernstein L.P.

Alliancebernstein L.P. lifted its holdings in AB US Low Volatility Equity ETF (NYSEARCA:LOWV) by 28.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 771,575 shares of the company’s stock after buying an additional 171,629 shares during the quarter. Alliancebernstein L.P. owned approximately 110.23% of AB US Low Volatility Equity ETF worth $54,333,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. TIAA Trust National Association bought a new stake in shares of AB US Low Volatility Equity ETF in the 4th quarter worth approximately $773,000. LPL Financial LLC acquired a new stake in AB US Low Volatility Equity ETF in the fourth quarter worth $7,837,000. Envestnet Portfolio Solutions Inc. bought a new stake in AB US Low Volatility Equity ETF in the fourth quarter valued at $203,000. Wagner Wealth Management LLC boosted its holdings in shares of AB US Low Volatility Equity ETF by 8.5% during the fourth quarter. Wagner Wealth Management LLC now owns 123,369 shares of the company’s stock valued at $8,687,000 after acquiring an additional 9,704 shares during the period. Finally, Geneos Wealth Management Inc. acquired a new position in shares of AB US Low Volatility Equity ETF during the fourth quarter valued at $63,000.

AB US Low Volatility Equity ETF Stock Down 5.6 %

LOWV stock opened at $64.42 on Friday. The stock has a market cap of $90.83 million, a PE ratio of 26.49 and a beta of 0.73. The firm’s 50-day simple moving average is $71.22 and its 200 day simple moving average is $71.08. AB US Low Volatility Equity ETF has a fifty-two week low of $61.51 and a fifty-two week high of $73.26.

AB US Low Volatility Equity ETF 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.