Smart Portfolios LLC Invests $1.45 Million in Abacus FCF Leaders ETF $ABFL

Smart Portfolios LLC acquired a new position in Abacus FCF Leaders ETF (BATS:ABFL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,491 shares of the company’s stock, valued at approximately $1,450,000. Abacus FCF Leaders ETF makes up approximately 1.5% of Smart Portfolios LLC’s investment portfolio, making the stock its 19th largest holding. Smart Portfolios LLC owned about 0.20% of Abacus FCF Leaders ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of ABFL. Santori & Peters Inc. purchased a new position in Abacus FCF Leaders ETF during the second quarter valued at $1,459,000. Wilmington Savings Fund Society FSB purchased a new position in Abacus FCF Leaders ETF during the second quarter valued at $690,000. MBL Wealth LLC purchased a new position in Abacus FCF Leaders ETF during the second quarter valued at $511,000. SeaCrest Wealth Management LLC purchased a new position in Abacus FCF Leaders ETF during the second quarter valued at $477,000. Finally, Madrona Financial Services LLC purchased a new position in Abacus FCF Leaders ETF during the second quarter valued at $402,000.

Abacus FCF Leaders ETF Stock Up 0.3%

ABFL opened at $71.45 on Wednesday. The stock has a market capitalization of $728.79 million, a PE ratio of 31.79 and a beta of 0.92. The company’s fifty day moving average is $70.70 and its two-hundred day moving average is $68.40.

Abacus FCF Leaders ETF Company Profile

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.