Kingsview Wealth Management LLC Has $2.65 Million Position in AB Disruptors ETF $FWD

Kingsview Wealth Management LLC boosted its position in AB Disruptors ETF (NYSEARCA:FWD) by 408.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,192 shares of the company’s stock after purchasing an additional 21,037 shares during the quarter. Kingsview Wealth Management LLC owned about 0.22% of AB Disruptors ETF worth $2,650,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Alliancebernstein L.P. lifted its holdings in shares of AB Disruptors ETF by 12.1% during the second quarter. Alliancebernstein L.P. now owns 5,648,934 shares of the company’s stock worth $506,822,000 after buying an additional 607,503 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in shares of AB Disruptors ETF by 3,095.2% in the third quarter. Cornerstone Planning Group LLC now owns 42,240 shares of the company’s stock valued at $4,274,000 after acquiring an additional 40,918 shares in the last quarter. Flow Traders U.S. LLC bought a new position in AB Disruptors ETF during the second quarter worth about $3,253,000. Wedbush Securities Inc. bought a new position in AB Disruptors ETF during the second quarter worth about $1,923,000. Finally, Envestnet Asset Management Inc. raised its stake in AB Disruptors ETF by 484.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 24,317 shares of the company’s stock worth $2,461,000 after purchasing an additional 20,153 shares in the last quarter.

AB Disruptors ETF Stock Up 1.6%

NYSEARCA FWD opened at $115.14 on Thursday. The firm has a 50-day moving average price of $112.65 and a two-hundred day moving average price of $105.52. AB Disruptors ETF has a 12-month low of $59.03 and a 12-month high of $119.15. The company has a market capitalization of $1.49 billion, a P/E ratio of 41.03 and a beta of 1.54.

AB Disruptors ETF Company 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. FWD was launched on Mar 22, 2023 and is managed by AllianceBernstein.