Wavvest Wealth LLC Purchases 19,223 Shares of AB Disruptors ETF $FWD

Wavvest Wealth LLC purchased a new stake in AB Disruptors ETF (NYSEARCA:FWD) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 19,223 shares of the company’s stock, valued at approximately $2,530,000. AB Disruptors ETF comprises approximately 2.0% of Wavvest Wealth LLC’s portfolio, making the stock its 14th largest holding.

A number of other large investors also recently modified their holdings of the company. Fifth Third Bancorp acquired a new stake in shares of AB Disruptors ETF during the 1st quarter valued at $27,000. Farther Finance Advisors LLC grew its position in AB Disruptors ETF by 690.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 245 shares of the company’s stock worth $32,000 after acquiring an additional 214 shares during the last quarter. Triumph Capital Management bought a new stake in AB Disruptors ETF during the 2nd quarter worth $100,000. Wagner Wealth Management LLC increased its holdings in AB Disruptors ETF by 26.4% in the 1st quarter. Wagner Wealth Management LLC now owns 1,369 shares of the company’s stock worth $149,000 after purchasing an additional 286 shares in the last quarter. Finally, Mascagni Wealth Management Inc. acquired a new position in AB Disruptors ETF in the 1st quarter worth about $204,000.

AB Disruptors ETF Stock Up 1.6%

Shares of FWD opened at $125.61 on Thursday. The stock has a market cap of $3.34 billion, a PE ratio of 41.03 and a beta of 1.58. AB Disruptors ETF has a 12-month low of $95.53 and a 12-month high of $149.57. The business has a 50-day simple moving average of $129.86 and a two-hundred day simple moving average of $131.81.

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.