TIAA Trust National Association Makes New Investment in AB US Low Volatility Equity ETF (NYSEARCA:LOWV)

TIAA Trust National Association acquired a new stake in AB US Low Volatility Equity ETF (NYSEARCA:LOWV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,981 shares of the company’s stock, valued at approximately $773,000.

A number of other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. purchased a new position in AB US Low Volatility Equity ETF in the fourth quarter valued at approximately $63,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of AB US Low Volatility Equity ETF in the fourth quarter worth $203,000. LPL Financial LLC purchased a new position in shares of AB US Low Volatility Equity ETF in the 4th quarter valued at $7,837,000. Finally, Wagner Wealth Management LLC lifted its holdings in shares of AB US Low Volatility Equity ETF by 8.5% during the 4th 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 in the last quarter.

AB US Low Volatility Equity ETF Trading Up 0.3 %

Shares of NYSEARCA LOWV opened at $70.63 on Friday. The stock has a fifty day moving average price of $71.61 and a 200 day moving average price of $71.08. AB US Low Volatility Equity ETF has a 12-month low of $61.51 and a 12-month high of $73.26. The company has a market cap of $89.70 million, a P/E ratio of 25.69 and a beta of 0.73.

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.