JPMorgan Chase & Co. Purchases 130,025 Shares of Abacus FCF Real Assets Leaders ETF $ABLD

JPMorgan Chase & Co. increased its position in Abacus FCF Real Assets Leaders ETF (BATS:ABLD) by 7.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,858,583 shares of the company’s stock after purchasing an additional 130,025 shares during the quarter. JPMorgan Chase & Co. owned approximately 95.31% of Abacus FCF Real Assets Leaders ETF worth $53,482,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cyndeo Wealth Partners LLC boosted its stake in shares of Abacus FCF Real Assets Leaders ETF by 6.5% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 38,667 shares of the company’s stock valued at $1,113,000 after purchasing an additional 2,346 shares during the last quarter. Osaic Holdings Inc. bought a new stake in shares of Abacus FCF Real Assets Leaders ETF during the second quarter worth approximately $158,000. Unique Wealth LLC raised its stake in shares of Abacus FCF Real Assets Leaders ETF by 21.3% during the third quarter. Unique Wealth LLC now owns 155,838 shares of the company’s stock worth $4,484,000 after buying an additional 27,381 shares during the last quarter. Finally, Sagespring Wealth Partners LLC lifted its holdings in Abacus FCF Real Assets Leaders ETF by 5.5% in the third quarter. Sagespring Wealth Partners LLC now owns 1,644,946 shares of the company’s stock valued at $47,335,000 after buying an additional 85,197 shares during the period.

Abacus FCF Real Assets Leaders ETF Stock Performance

Shares of ABLD stock opened at $30.12 on Friday. The firm’s 50 day moving average price is $32.06 and its two-hundred day moving average price is $30.01. Abacus FCF Real Assets Leaders ETF has a 52-week low of $24.31 and a 52-week high of $34.09. The stock has a market cap of $58.73 million, a PE ratio of 18.54 and a beta of 0.91.

Abacus FCF Real Assets Leaders ETF Profile

The Abacus FCF Real Assets Leaders ETF (ABLD) is an exchange-traded fund that is based on the FCF Yield Enhanced Real Asset index. The fund tracks an index that seeks to provide exposure to US real assets companies of all sizes with strong free cash flow, earnings, and dividend yield. ABLD was launched on Dec 13, 2021 and is issued by Abacus.