Market Street Wealth Management Advisors LLC Buys 6,189 Shares of AB Disruptors ETF $FWD

Market Street Wealth Management Advisors LLC bought a new stake in AB Disruptors ETF (NYSEARCA:FWD) during the third quarter, Holdings Channel.com reports. The fund bought 6,189 shares of the company’s stock, valued at approximately $815,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC boosted its stake in AB Disruptors ETF by 690.3% in the third quarter. Farther Finance Advisors LLC now owns 245 shares of the company’s stock valued at $32,000 after acquiring an additional 214 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of AB Disruptors ETF by 233.1% during the second quarter. Envestnet Asset Management Inc. now owns 157,322 shares of the company’s stock worth $23,303,000 after purchasing an additional 110,093 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of AB Disruptors ETF by 10.8% during the second quarter. Integrated Wealth Concepts LLC now owns 473,735 shares of the company’s stock worth $70,170,000 after purchasing an additional 46,351 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of AB Disruptors ETF in the 2nd quarter valued at about $383,000. Finally, Baird Financial Group Inc. purchased a new stake in shares of AB Disruptors ETF in the 2nd quarter valued at about $260,000.

AB Disruptors ETF Stock Down 1.7%

Shares of NYSEARCA FWD opened at $132.05 on Friday. The business has a 50-day moving average price of $130.53 and a 200 day moving average price of $130.64. The stock has a market cap of $3.46 billion, a PE ratio of 41.03 and a beta of 1.58. AB Disruptors ETF has a 52-week low of $95.53 and a 52-week high of $149.57.

AB Disruptors ETF 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.