AB Disruptors ETF (NYSEARCA:FWD – Get Free Report) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 38,107 shares, a growth of 89.8% from the July 30th total of 20,079 shares. Based on an average daily trading volume, of 266,465 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are sold short.
AB Disruptors ETF Stock Performance
Shares of FWD opened at $128.54 on Tuesday. The stock’s 50-day simple moving average is $132.92 and its 200 day simple moving average is $127.42. The stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 41.03 and a beta of 1.60. AB Disruptors ETF has a 52-week low of $90.50 and a 52-week high of $149.57.
Institutional Investors Weigh In On AB Disruptors ETF
Institutional investors and hedge funds have recently modified their holdings of the company. USAdvisors Wealth Management LLC boosted its position in shares of AB Disruptors ETF by 0.5% in the first quarter. USAdvisors Wealth Management LLC now owns 17,664 shares of the company’s stock valued at $1,825,000 after acquiring an additional 81 shares during the period. Fifth Third Bancorp purchased a new stake in AB Disruptors ETF in the 1st quarter worth approximately $27,000. Wagner Wealth Management LLC lifted its stake in AB Disruptors ETF by 26.4% in the 1st quarter. Wagner Wealth Management LLC now owns 1,369 shares of the company’s stock worth $149,000 after purchasing an additional 286 shares in the last quarter. HighTower Advisors LLC lifted its stake in AB Disruptors ETF by 8.1% in the 4th quarter. HighTower Advisors LLC now owns 5,816 shares of the company’s stock worth $607,000 after purchasing an additional 436 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in AB Disruptors ETF by 6.1% in the 1st quarter. D.A. Davidson & CO. now owns 7,554 shares of the company’s stock valued at $820,000 after purchasing an additional 437 shares during the period.
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.
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