Alliancebernstein L.P. Buys 1,122,177 Shares of AB US Large Cap Strategic Equities ETF $LRGC

Alliancebernstein L.P. boosted its stake in shares of AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) by 20.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,497,847 shares of the company’s stock after buying an additional 1,122,177 shares during the period. Alliancebernstein L.P. owned approximately 78.29% of AB US Large Cap Strategic Equities ETF worth $499,785,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of LRGC. Envestnet Asset Management Inc. boosted its stake in shares of AB US Large Cap Strategic Equities ETF by 89.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 78,359 shares of the company’s stock worth $6,027,000 after purchasing an additional 37,065 shares during the period. MGO One Seven LLC raised its position in AB US Large Cap Strategic Equities ETF by 23.8% in the 3rd quarter. MGO One Seven LLC now owns 83,372 shares of the company’s stock worth $6,413,000 after purchasing an additional 16,033 shares during the period. Wagner Wealth Management LLC raised its position in AB US Large Cap Strategic Equities ETF by 0.9% in the 3rd quarter. Wagner Wealth Management LLC now owns 100,079 shares of the company’s stock worth $7,698,000 after purchasing an additional 912 shares during the period. Global Retirement Partners LLC lifted its stake in AB US Large Cap Strategic Equities ETF by 121.4% in the third quarter. Global Retirement Partners LLC now owns 445 shares of the company’s stock worth $34,000 after purchasing an additional 244 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in AB US Large Cap Strategic Equities ETF in the third quarter worth about $85,000.

AB US Large Cap Strategic Equities ETF Price Performance

Shares of NYSEARCA:LRGC opened at $74.28 on Monday. The firm has a market capitalization of $690.80 million, a PE ratio of 25.96 and a beta of 1.03. The business has a 50 day simple moving average of $77.75 and a two-hundred day simple moving average of $77.29. AB US Large Cap Strategic Equities ETF has a 1 year low of $55.94 and a 1 year high of $82.00.

About AB US Large Cap Strategic Equities ETF

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. LRGC was launched on Sep 20, 2023 and is issued by AB Funds.