AB Disruptors ETF $FWD Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its position in AB Disruptors ETF (NYSEARCA:FWD) by 690.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 54,965 shares of the company’s stock after acquiring an additional 48,010 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in AB Disruptors ETF were worth $5,739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Embree Financial Group lifted its stake in shares of AB Disruptors ETF by 44.7% in the 4th quarter. Embree Financial Group now owns 93,035 shares of the company’s stock valued at $9,714,000 after purchasing an additional 28,738 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of AB Disruptors ETF in the 4th quarter valued at about $1,180,000. Integrated Wealth Concepts LLC lifted its stake in shares of AB Disruptors ETF by 112.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 267,473 shares of the company’s stock valued at $27,066,000 after purchasing an additional 141,553 shares in the last quarter. Intrepid Financial Planning Group LLC acquired a new position in shares of AB Disruptors ETF in the 3rd quarter valued at about $7,293,000. Finally, Kingsview Wealth Management LLC lifted its stake in shares of AB Disruptors ETF by 408.1% in the 3rd quarter. Kingsview Wealth Management LLC now owns 26,192 shares of the company’s stock valued at $2,650,000 after purchasing an additional 21,037 shares in the last quarter.

AB Disruptors ETF Price Performance

NYSEARCA FWD opened at $146.29 on Thursday. The firm has a market capitalization of $2.75 billion, a P/E ratio of 41.03 and a beta of 1.56. AB Disruptors ETF has a 1-year low of $82.79 and a 1-year high of $147.05. The business’s 50-day simple moving average is $126.20 and its 200-day simple moving average is $115.45.

AB Disruptors ETF Company 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.