Janney Montgomery Scott LLC Cuts Stake in AB Disruptors ETF $FWD

Janney Montgomery Scott LLC reduced its stake in AB Disruptors ETF (NYSEARCA:FWD) by 20.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,185 shares of the company’s stock after selling 823 shares during the period. Janney Montgomery Scott LLC’s holdings in AB Disruptors ETF were worth $286,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of FWD. Cornerstone Planning Group LLC purchased a new stake in shares of AB Disruptors ETF in the first quarter worth $91,000. Wagner Wealth Management LLC purchased a new stake in shares of AB Disruptors ETF in the second quarter worth $151,000. CWM LLC grew its stake in shares of AB Disruptors ETF by 344.7% in the first quarter. CWM LLC now owns 2,628 shares of the company’s stock worth $185,000 after acquiring an additional 2,037 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in shares of AB Disruptors ETF by 47.9% in the first quarter. Kingsview Wealth Management LLC now owns 5,299 shares of the company’s stock worth $373,000 after acquiring an additional 1,716 shares during the last quarter. Finally, Cerity Partners LLC purchased a new stake in shares of AB Disruptors ETF in the first quarter worth $385,000.

AB Disruptors ETF Trading Down 0.6%

NYSEARCA FWD opened at $103.96 on Monday. AB Disruptors ETF has a 12 month low of $59.03 and a 12 month high of $106.36. The stock has a market cap of $1.17 billion, a P/E ratio of 41.03 and a beta of 1.52. The stock’s fifty day moving average price is $97.82 and its 200-day moving average price is $87.25.

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.