Advisory Services Network LLC Purchases 8,468 Shares of AB Disruptors ETF (NYSEARCA:FWD)

Advisory Services Network LLC increased its position in AB Disruptors ETF (NYSEARCA:FWD) by 56.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,365 shares of the company’s stock after buying an additional 8,468 shares during the period. Advisory Services Network LLC owned 0.57% of AB Disruptors ETF worth $1,850,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC bought a new position in AB Disruptors ETF during the fourth quarter valued at $284,000. Janney Montgomery Scott LLC lifted its holdings in shares of AB Disruptors ETF by 7.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 15,554 shares of the company’s stock valued at $1,232,000 after acquiring an additional 1,032 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of AB Disruptors ETF by 13.4% in the 4th quarter. LPL Financial LLC now owns 198,768 shares of the company’s stock valued at $15,740,000 after acquiring an additional 23,427 shares during the last quarter. Alliancebernstein L.P. grew its position in AB Disruptors ETF by 17.7% in the fourth quarter. Alliancebernstein L.P. now owns 4,127,527 shares of the company’s stock worth $326,859,000 after acquiring an additional 620,504 shares in the last quarter. Finally, Quantum Private Wealth LLC increased its stake in AB Disruptors ETF by 2.0% during the fourth quarter. Quantum Private Wealth LLC now owns 77,629 shares of the company’s stock worth $6,147,000 after acquiring an additional 1,546 shares during the last quarter.

AB Disruptors ETF Price Performance

Shares of FWD stock opened at $67.94 on Friday. The company has a market cap of $520.42 million, a PE ratio of 30.37 and a beta of 1.49. AB Disruptors ETF has a 1 year low of $59.03 and a 1 year high of $87.66. The stock’s 50 day simple moving average is $76.11 and its two-hundred day simple moving average is $79.77.

About AB Disruptors ETF

The AB Disruptors ETF (FWD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of high growth stocks of companies considered to lead or benefit from societal innovations. Holdings may be of any capitalization, sector, industry, and geography.