JPMorgan Chase & Co. lowered its holdings in Abacus FCF Leaders ETF (BATS:ABFL – Free Report) by 12.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,456,545 shares of the company’s stock after selling 954,850 shares during the period. JPMorgan Chase & Co. owned about 0.63% of Abacus FCF Leaders ETF worth $460,804,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Abacus FCF Leaders ETF by 112.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 559 shares of the company’s stock valued at $40,000 after purchasing an additional 296 shares during the last quarter. Key Capital Management INC purchased a new position in Abacus FCF Leaders ETF in the fourth quarter valued at about $52,000. Osaic Holdings Inc. purchased a new position in Abacus FCF Leaders ETF in the second quarter valued at about $224,000. Oppenheimer & Co. Inc. purchased a new position in Abacus FCF Leaders ETF in the fourth quarter valued at about $297,000. Finally, Two Sigma Investments LP boosted its holdings in Abacus FCF Leaders ETF by 13.1% in the third quarter. Two Sigma Investments LP now owns 9,500 shares of the company’s stock valued at $684,000 after purchasing an additional 1,100 shares during the last quarter.
Abacus FCF Leaders ETF Stock Performance
Shares of ABFL opened at $79.22 on Thursday. The stock has a 50-day moving average price of $78.65 and a 200 day moving average price of $74.53. Abacus FCF Leaders ETF has a one year low of $63.92 and a one year high of $84.14. The company has a market capitalization of $808.04 million, a P/E ratio of 31.79 and a beta of 0.92.
About Abacus FCF Leaders ETF
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.
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