Alliancebernstein L.P. Increases Position in AB Disruptors ETF (NYSEARCA:FWD)

Alliancebernstein L.P. boosted its holdings in AB Disruptors ETF (NYSEARCA:FWD) by 17.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,127,527 shares of the company’s stock after purchasing an additional 620,504 shares during the period. Alliancebernstein L.P. owned about 100.67% of AB Disruptors ETF worth $326,859,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. bought a new stake in shares of AB Disruptors ETF in the 4th quarter valued at approximately $119,000. Kingsview Wealth Management LLC acquired a new stake in shares of AB Disruptors ETF during the fourth quarter worth $284,000. Embree Financial Group bought a new position in shares of AB Disruptors ETF in the 4th quarter worth about $509,000. MML Investors Services LLC grew its position in shares of AB Disruptors ETF by 2.2% during the 3rd quarter. MML Investors Services LLC now owns 7,799 shares of the company’s stock valued at $611,000 after buying an additional 165 shares during the last quarter. Finally, USAdvisors Wealth Management LLC acquired a new stake in AB Disruptors ETF during the fourth quarter worth about $819,000.

AB Disruptors ETF Stock Down 0.8 %

Shares of FWD stock opened at $70.41 on Tuesday. The business has a 50 day moving average of $80.11 and a two-hundred day moving average of $80.61. The company has a market cap of $539.34 million, a P/E ratio of 30.37 and a beta of 1.49. AB Disruptors ETF has a 52 week low of $66.33 and a 52 week high of $87.66.

AB Disruptors ETF Profile

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.