MBL Wealth LLC Purchases Shares of 7,225 Abacus FCF Leaders ETF $ABFL

MBL Wealth LLC purchased a new stake in Abacus FCF Leaders ETF (BATS:ABFL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,225 shares of the company’s stock, valued at approximately $511,000.

Several other institutional investors and hedge funds also recently modified their holdings of ABFL. Kapstone Financial Advisors LLC purchased a new stake in shares of Abacus FCF Leaders ETF in the second quarter valued at about $200,000. SeaCrest Wealth Management LLC purchased a new position in shares of Abacus FCF Leaders ETF during the second quarter valued at approximately $477,000. Santori & Peters Inc. acquired a new stake in Abacus FCF Leaders ETF during the second quarter worth approximately $1,459,000. Finally, Madrona Financial Services LLC acquired a new stake in Abacus FCF Leaders ETF during the second quarter worth approximately $402,000.

Abacus FCF Leaders ETF Price Performance

ABFL stock opened at $72.19 on Friday. The stock has a 50 day moving average price of $70.50 and a 200 day moving average price of $68.06. The stock has a market cap of $736.30 million, a PE ratio of 31.79 and a beta of 0.92.

About Abacus FCF Leaders ETF

The Abacus FCF Leaders ETF (ABFL) is an exchange-traded fund that mostly invests in total market equity. The fund aims to outperform a broad US equity index. The actively-managed fund selects stocks based on strong free cash flow and ESG rankings. ABFL was launched on Sep 27, 2016 and is issued by FCF Advisors.