AB Disruptors ETF (NYSEARCA:FWD – Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 13,997 shares, a decline of 63.3% from the August 15th total of 38,107 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 167,158 shares, the short-interest ratio is currently 0.1 days.
AB Disruptors ETF Price Performance
FWD stock traded up $1.25 on Friday, hitting $127.56. 75,915 shares of the company were exchanged, compared to its average volume of 225,743. AB Disruptors ETF has a twelve month low of $95.53 and a twelve month high of $149.57. The business’s fifty day moving average is $130.32 and its two-hundred day moving average is $128.13. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 41.03 and a beta of 1.60.
Hedge Funds Weigh In On AB Disruptors ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC lifted its stake in shares of AB Disruptors ETF by 10.8% in the second quarter. Integrated Wealth Concepts LLC now owns 473,735 shares of the company’s stock worth $70,170,000 after acquiring an additional 46,351 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of AB Disruptors ETF during the second quarter worth $383,000. Baird Financial Group Inc. bought a new position in AB Disruptors ETF in the second quarter worth about $260,000. SFG Wealth Management LLC. bought a new stake in shares of AB Disruptors ETF in the 2nd quarter worth approximately $2,568,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of AB Disruptors ETF during the second quarter valued at $9,523,000.
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.
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