Short Interest in AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) Decreases By 56.1%

AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 2,500 shares, a decrease of 56.1% from the September 15th total of 5,700 shares. Based on an average daily volume of 35,900 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 35,900 shares, the short-interest ratio is currently 0.1 days.

AB US Large Cap Strategic Equities ETF Stock Performance

Shares of LRGC stock opened at $76.82 on Friday. The firm has a market capitalization of $629.92 million, a PE ratio of 25.96 and a beta of 1.05. AB US Large Cap Strategic Equities ETF has a 52-week low of $55.94 and a 52-week high of $77.69. The stock has a fifty day simple moving average of $75.84 and a two-hundred day simple moving average of $70.48.

Institutional Trading of AB US Large Cap Strategic Equities ETF

Several hedge funds have recently made changes to their positions in the company. Alliancebernstein L.P. grew its stake in shares of AB US Large Cap Strategic Equities ETF by 27.4% in the 2nd quarter. Alliancebernstein L.P. now owns 5,375,670 shares of the company’s stock valued at $384,281,000 after buying an additional 1,157,643 shares during the period. Good Life Advisors LLC grew its stake in shares of AB US Large Cap Strategic Equities ETF by 2.4% in the 2nd quarter. Good Life Advisors LLC now owns 115,012 shares of the company’s stock valued at $8,222,000 after buying an additional 2,700 shares during the period. Envestnet Asset Management Inc. purchased a new stake in shares of AB US Large Cap Strategic Equities ETF in the 2nd quarter valued at approximately $2,952,000. MGO One Seven LLC grew its stake in shares of AB US Large Cap Strategic Equities ETF by 7.3% in the 2nd quarter. MGO One Seven LLC now owns 67,339 shares of the company’s stock valued at $4,814,000 after buying an additional 4,553 shares during the period. Finally, Wagner Wealth Management LLC grew its stake in shares of AB US Large Cap Strategic Equities ETF by 3.3% in the 2nd quarter. Wagner Wealth Management LLC now owns 99,167 shares of the company’s stock valued at $7,089,000 after buying an additional 3,165 shares during the period.

AB US Large Cap Strategic Equities ETF Company Profile

The AB US Large Cap Strategic Equities ETF (LRGC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US companies. Its stock selection process combines fundamental and quantitative research to identify opportunities while managing risk.