Dynasty Wealth Management LLC Acquires 247,400 Shares of Abacus FCF Leaders ETF $ABFL

Dynasty Wealth Management LLC grew its stake in shares of Abacus FCF Leaders ETF (BATS:ABFL) by 3.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 8,219,704 shares of the company’s stock after purchasing an additional 247,400 shares during the period. Abacus FCF Leaders ETF accounts for approximately 5.8% of Dynasty Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Dynasty Wealth Management LLC owned about 0.81% of Abacus FCF Leaders ETF worth $586,640,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ABFL. Centerline Wealth Advisors LLC acquired a new stake in Abacus FCF Leaders ETF during the fourth quarter worth about $19,394,000. JPMorgan Chase & Co. grew its position in Abacus FCF Leaders ETF by 5.1% during the third quarter. JPMorgan Chase & Co. now owns 7,411,395 shares of the company’s stock worth $533,391,000 after buying an additional 358,965 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Abacus FCF Leaders ETF during the second quarter worth about $1,538,000. Traveka Wealth LLC grew its position in Abacus FCF Leaders ETF by 88.5% during the fourth quarter. Traveka Wealth LLC now owns 13,510 shares of the company’s stock worth $964,000 after buying an additional 6,342 shares in the last quarter. Finally, Two Sigma Investments LP grew its position in Abacus FCF Leaders ETF by 13.1% during the third quarter. Two Sigma Investments LP now owns 9,500 shares of the company’s stock worth $684,000 after buying an additional 1,100 shares in the last quarter.

Abacus FCF Leaders ETF Stock Up 1.0%

ABFL stock opened at $83.74 on Wednesday. Abacus FCF Leaders ETF has a twelve month low of $63.92 and a twelve month high of $83.74. The company has a market cap of $854.15 million, a PE ratio of 31.79 and a beta of 0.92. The business’s 50-day simple moving average is $77.09 and its 200 day simple moving average is $73.97.

About Abacus FCF Leaders ETF

The Abacus FCF Leaders ETF (ABFL) is an exchange-traded fund that mostly invests in total market equity. The fund aims to outperform a broad US equity index. The actively-managed fund selects stocks based on strong free cash flow and ESG rankings. ABFL was launched on Sep 27, 2016 and is issued by FCF Advisors.