AB Disruptors ETF (NYSEARCA:FWD) Short Interest Down 68.1% in June

AB Disruptors ETF (NYSEARCA:FWD) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 9,014 shares, a decrease of 68.1% from the May 31st total of 28,284 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 316,444 shares, the days-to-cover ratio is currently 0.0 days.

AB Disruptors ETF Trading Down 2.8%

AB Disruptors ETF stock traded down $4.04 during midday trading on Friday, reaching $140.79. The stock had a trading volume of 129,356 shares, compared to its average volume of 214,841. AB Disruptors ETF has a 12 month low of $87.45 and a 12 month high of $149.57. The company has a market capitalization of $2.65 billion, a P/E ratio of 41.03 and a beta of 1.57. The company has a fifty day moving average price of $135.91 and a two-hundred day moving average price of $120.03.

Hedge Funds Weigh In On AB Disruptors ETF

A number of institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted its position in AB Disruptors ETF by 6.9% in the 2nd quarter. Bank of America Corp DE now owns 110,524 shares of the company’s stock valued at $9,916,000 after acquiring an additional 7,163 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of AB Disruptors ETF by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $269,000 after buying an additional 1,500 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in shares of AB Disruptors ETF by 408.1% during the third quarter. Kingsview Wealth Management LLC now owns 26,192 shares of the company’s stock valued at $2,650,000 after buying an additional 21,037 shares during the last quarter. USAdvisors Wealth Management LLC grew its holdings in AB Disruptors ETF by 10.9% during the third quarter. USAdvisors Wealth Management LLC now owns 15,772 shares of the company’s stock worth $1,595,000 after buying an additional 1,554 shares in the last quarter. Finally, UBS Group AG raised its position in AB Disruptors ETF by 253.8% in the 3rd quarter. UBS Group AG now owns 15,045 shares of the company’s stock valued at $1,522,000 after buying an additional 10,792 shares during the last quarter.

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.