AB Disruptors ETF (NYSEARCA:FWD – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 27,130 shares, a drop of 90.0% from the September 15th total of 269,972 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 185,380 shares, the short-interest ratio is currently 0.1 days.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE raised its position in AB Disruptors ETF by 265.7% in the first quarter. Bank of America Corp DE now owns 1,008,993 shares of the company’s stock worth $109,536,000 after acquiring an additional 733,051 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in shares of AB Disruptors ETF by 10.8% in the second quarter. Integrated Wealth Concepts LLC now owns 473,735 shares of the company’s stock worth $70,170,000 after acquiring an additional 46,351 shares during the period. Bleakley Financial Group LLC boosted its stake in AB Disruptors ETF by 538.4% in the 1st quarter. Bleakley Financial Group LLC now owns 239,818 shares of the company’s stock worth $26,035,000 after purchasing an additional 202,255 shares during the period. Envestnet Asset Management Inc. grew its stake in AB Disruptors ETF by 233.1% during the second quarter. Envestnet Asset Management Inc. now owns 157,322 shares of the company’s stock valued at $23,303,000 after acquiring an additional 110,093 shares in the last quarter. Finally, KPP Advisory Services LLC increased its holdings in shares of AB Disruptors ETF by 50.4% in the first quarter. KPP Advisory Services LLC now owns 73,387 shares of the company’s stock worth $7,967,000 after purchasing an additional 24,602 shares during the period.
AB Disruptors ETF Price Performance
Shares of NYSEARCA FWD traded up $1.67 during midday trading on Friday, reaching $133.72. The company’s stock had a trading volume of 122,385 shares, compared to its average volume of 219,995. AB Disruptors ETF has a 12-month low of $95.53 and a 12-month high of $149.57. The firm has a 50 day moving average price of $130.70 and a 200-day moving average price of $130.66. The stock has a market capitalization of $3.50 billion, a P/E ratio of 41.03 and a beta of 1.58.
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. FWD was launched on Mar 22, 2023 and is managed by AllianceBernstein.
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