SFG Wealth Management LLC. Makes New Investment in AB Disruptors ETF $FWD

SFG Wealth Management LLC. bought a new stake in AB Disruptors ETF (NYSEARCA:FWD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 17,340 shares of the company’s stock, valued at approximately $2,568,000. AB Disruptors ETF accounts for approximately 0.9% of SFG Wealth Management LLC.’s investment portfolio, making the stock its 17th largest holding. SFG Wealth Management LLC. owned approximately 0.07% of AB Disruptors ETF at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its stake in AB Disruptors ETF by 265.7% in the 1st quarter. Bank of America Corp DE now owns 1,008,993 shares of the company’s stock valued at $109,536,000 after buying an additional 733,051 shares during the period. Bleakley Financial Group LLC increased its stake in shares of AB Disruptors ETF by 538.4% during the first quarter. Bleakley Financial Group LLC now owns 239,818 shares of the company’s stock worth $26,035,000 after acquiring an additional 202,255 shares during the period. LPL Financial LLC increased its stake in shares of AB Disruptors ETF by 35.8% during the fourth quarter. LPL Financial LLC now owns 513,283 shares of the company’s stock worth $53,592,000 after acquiring an additional 135,289 shares during the period. Integrated Wealth Concepts LLC raised its holdings in AB Disruptors ETF by 31.9% during the fourth quarter. Integrated Wealth Concepts LLC now owns 352,922 shares of the company’s stock worth $36,849,000 after purchasing an additional 85,449 shares in the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in AB Disruptors ETF in the second quarter valued at about $9,523,000.

AB Disruptors ETF Trading Up 1.0%

Shares of FWD opened at $128.72 on Friday. The stock’s 50 day moving average is $131.72 and its two-hundred day moving average is $127.68. AB Disruptors ETF has a twelve month low of $92.34 and a twelve month high of $149.57. The firm has a market capitalization of $3.02 billion, a PE ratio of 41.03 and a beta of 1.60.

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.