Abacus FCF Leaders ETF (BATS:ABFL – Get Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 31,313 shares, a decrease of 32.5% from the June 30th total of 46,385 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 12,218 shares, the short-interest ratio is presently 2.6 days.
Institutional Investors Weigh In On Abacus FCF Leaders ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its position in Abacus FCF Leaders ETF by 112.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 559 shares of the company’s stock worth $40,000 after buying an additional 296 shares in the last quarter. Key Capital Management INC bought a new position in shares of Abacus FCF Leaders ETF in the 4th quarter valued at about $52,000. Osaic Holdings Inc. acquired a new stake in shares of Abacus FCF Leaders ETF in the second quarter valued at about $224,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Abacus FCF Leaders ETF in the fourth quarter valued at about $297,000. Finally, Kestra Advisory Services LLC increased its position in shares of Abacus FCF Leaders ETF by 14.2% in the fourth quarter. Kestra Advisory Services LLC now owns 8,053 shares of the company’s stock valued at $575,000 after acquiring an additional 1,004 shares during the last quarter.
Abacus FCF Leaders ETF Stock Up 1.9%
BATS ABFL opened at $81.31 on Friday. The firm’s 50 day moving average is $82.78 and its 200-day moving average is $77.38. The company has a market capitalization of $829.36 million, a PE ratio of 31.79 and a beta of 0.92. Abacus FCF Leaders ETF has a 12-month low of $63.92 and a 12-month high of $86.01.
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.
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