Horizon Wealth Management LLC acquired a new position in shares of AB Disruptors ETF (NYSEARCA:FWD – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 139,510 shares of the company’s stock, valued at approximately $18,361,000. AB Disruptors ETF accounts for approximately 2.3% of Horizon Wealth Management LLC’s portfolio, making the stock its 17th largest position. Horizon Wealth Management LLC owned approximately 0.53% of AB Disruptors ETF as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. SFG Wealth Management LLC. purchased a new stake in shares of AB Disruptors ETF during the 2nd quarter worth $2,568,000. Market Street Wealth Management Advisors LLC acquired a new position in shares of AB Disruptors ETF during the 3rd quarter worth $815,000. BOS Asset Management LLC increased its holdings in shares of AB Disruptors ETF by 8.7% in the 3rd quarter. BOS Asset Management LLC now owns 61,764 shares of the company’s stock valued at $8,129,000 after purchasing an additional 4,965 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of AB Disruptors ETF by 10.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 473,735 shares of the company’s stock valued at $70,170,000 after purchasing an additional 46,351 shares in the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new position in shares of AB Disruptors ETF in the 2nd quarter valued at about $9,523,000.
AB Disruptors ETF Stock Down 7.4%
Shares of NYSEARCA FWD opened at $108.18 on Friday. AB Disruptors ETF has a 52 week low of $95.53 and a 52 week high of $149.57. The firm has a 50-day moving average price of $127.32 and a 200 day moving average price of $126.18. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 41.03 and a beta of 1.62.
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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