MGO One Seven LLC Acquires 16,033 Shares of AB US Large Cap Strategic Equities ETF $LRGC

MGO One Seven LLC increased its holdings in shares of AB US Large Cap Strategic Equities ETF (NYSEARCA:LRGC) by 23.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,372 shares of the company’s stock after acquiring an additional 16,033 shares during the period. MGO One Seven LLC owned about 1.02% of AB US Large Cap Strategic Equities ETF worth $6,413,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Global Retirement Partners LLC lifted its stake in AB US Large Cap Strategic Equities ETF by 121.4% during 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 period. PMG Wealth Management Inc. acquired a new position in shares of AB US Large Cap Strategic Equities ETF in the 2nd quarter worth approximately $320,000. Jane Street Group LLC lifted its position in shares of AB US Large Cap Strategic Equities ETF by 373.1% during the 1st quarter. Jane Street Group LLC now owns 17,279 shares of the company’s stock worth $1,108,000 after buying an additional 13,627 shares during the period. Envestnet Asset Management Inc. bought a new position in shares of AB US Large Cap Strategic Equities ETF during the 2nd quarter worth approximately $2,952,000. Finally, Wagner Wealth Management LLC boosted its stake in 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 in the last quarter.

AB US Large Cap Strategic Equities ETF Price Performance

Shares of NYSEARCA:LRGC opened at $79.36 on Tuesday. The business’s fifty day moving average price is $77.62 and its two-hundred day moving average price is $75.98. AB US Large Cap Strategic Equities ETF has a fifty-two week low of $55.94 and a fifty-two week high of $82.00. The stock has a market capitalization of $722.18 million, a price-to-earnings ratio of 25.96 and a beta of 1.03.

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