Vestmark Advisory Solutions Inc. Invests $41.77 Million in Abacus FCF Leaders ETF $ABFL

Vestmark Advisory Solutions Inc. purchased a new stake in Abacus FCF Leaders ETF (BATS:ABFL) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 590,244 shares of the company’s stock, valued at approximately $41,766,000. Vestmark Advisory Solutions Inc. owned approximately 5.79% of Abacus FCF Leaders ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of ABFL. DecisionMap Wealth Management LLC bought a new stake in Abacus FCF Leaders ETF in the 2nd quarter valued at about $4,601,000. Envestnet Asset Management Inc. acquired a new stake in shares of Abacus FCF Leaders ETF in the second quarter valued at approximately $4,179,000. Santori & Peters Inc. bought a new stake in shares of Abacus FCF Leaders ETF in the second quarter valued at approximately $1,459,000. Smart Portfolios LLC acquired a new stake in Abacus FCF Leaders ETF during the second quarter worth approximately $1,450,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Abacus FCF Leaders ETF during the 2nd quarter worth $690,000.

Abacus FCF Leaders ETF Price Performance

ABFL opened at $70.90 on Friday. The company has a market capitalization of $723.18 million, a PE ratio of 31.79 and a beta of 0.92. The business’s fifty day moving average price is $71.72 and its 200-day moving average price is $69.66.

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.