Commonwealth Equity Services LLC Makes New Investment in AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC)

Commonwealth Equity Services LLC bought a new position in shares of AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 5,649 shares of the company’s stock, valued at approximately $380,000.

Separately, Wagner Wealth Management LLC boosted its position in shares of AB US Large Cap Strategic Equities ETF by 5.8% during the fourth quarter. Wagner Wealth Management LLC now owns 91,197 shares of the company’s stock valued at $6,136,000 after buying an additional 4,960 shares during the last quarter.

AB US Large Cap Strategic Equities ETF Price Performance

Shares of LRGC stock opened at $58.22 on Monday. The company has a market cap of $301.58 million, a P/E ratio of 25.49 and a beta of 1.05. The firm has a 50-day moving average of $67.36 and a 200-day moving average of $67.81. AB US Large Cap Strategic Equities ETF has a one year low of $57.64 and a one year high of $70.98.

AB US Large Cap Strategic Equities ETF 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.