AB Disruptors ETF (NYSEARCA:FWD – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 16,883 shares, a drop of 37.8% from the September 30th total of 27,130 shares. Based on an average trading volume of 180,315 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.
Institutional Trading of AB Disruptors ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Horizon Wealth Management LLC acquired a new stake in shares of AB Disruptors ETF in the third quarter valued at approximately $18,361,000. Kestra Advisory Services LLC raised its holdings in shares of AB Disruptors ETF by 193.2% during the third quarter. Kestra Advisory Services LLC now owns 13,116 shares of the company’s stock valued at $1,726,000 after buying an additional 8,643 shares during the last quarter. StrongBox Wealth LLC boosted its position in shares of AB Disruptors ETF by 11.6% during the third quarter. StrongBox Wealth LLC now owns 965 shares of the company’s stock worth $127,000 after buying an additional 100 shares during the period. Commonwealth Equity Services LLC acquired a new position in shares of AB Disruptors ETF during the third quarter worth approximately $4,155,000. Finally, D.A. Davidson & CO. acquired a new position in shares of AB Disruptors ETF during the third quarter worth approximately $1,089,000.
AB Disruptors ETF Stock Performance
AB Disruptors ETF stock opened at $118.08 on Wednesday. The firm has a market capitalization of $3.12 billion, a PE ratio of 41.03 and a beta of 1.62. AB Disruptors ETF has a one year low of $95.53 and a one year high of $149.57. The stock’s 50 day moving average price is $127.98 and its 200 day moving average price is $126.19.
About AB Disruptors ETF
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.
Further Reading
- Five stocks we like better than AB Disruptors ETF
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for AB Disruptors ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB Disruptors ETF and related companies with MarketBeat.com's FREE daily email newsletter.
