IFG Advisory LLC Invests $2.83 Million in AB Disruptors ETF $FWD

IFG Advisory LLC acquired a new position in shares of AB Disruptors ETF (NYSEARCA:FWD) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 27,098 shares of the company’s stock, valued at approximately $2,829,000.

Several other institutional investors have also recently added to or reduced their stakes in FWD. Bank of America Corp DE lifted its stake in AB Disruptors ETF by 6.9% during the second quarter. Bank of America Corp DE now owns 110,524 shares of the company’s stock worth $9,916,000 after purchasing an additional 7,163 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in AB Disruptors ETF by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $269,000 after purchasing an additional 1,500 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in AB Disruptors ETF by 3,095.2% during the third quarter. Cornerstone Planning Group LLC now owns 42,240 shares of the company’s stock worth $4,274,000 after purchasing an additional 40,918 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in AB Disruptors ETF by 484.0% during the third 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 during the last quarter. Finally, Quantum Private Wealth LLC lifted its stake in AB Disruptors ETF by 2.3% during the third quarter. Quantum Private Wealth LLC now owns 80,854 shares of the company’s stock worth $8,182,000 after purchasing an additional 1,842 shares during the last quarter.

AB Disruptors ETF Stock Up 1.2%

FWD stock opened at $141.52 on Friday. The business has a 50 day moving average price of $123.46 and a 200 day moving average price of $114.36. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 41.03 and a beta of 1.56. AB Disruptors ETF has a fifty-two week low of $80.18 and a fifty-two week high of $142.07.

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.