AB Disruptors ETF $FWD Shares Purchased by KPP Advisory Services LLC

KPP Advisory Services LLC boosted its holdings in AB Disruptors ETF (NYSEARCA:FWD) by 50.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 73,387 shares of the company’s stock after purchasing an additional 24,602 shares during the quarter. AB Disruptors ETF makes up approximately 1.2% of KPP Advisory Services LLC’s holdings, making the stock its 23rd largest position. KPP Advisory Services LLC’s holdings in AB Disruptors ETF were worth $7,967,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Alliancebernstein L.P. lifted its holdings in AB Disruptors ETF by 34.1% during the 3rd quarter. Alliancebernstein L.P. now owns 7,577,104 shares of the company’s stock worth $766,727,000 after buying an additional 1,928,170 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of AB Disruptors ETF by 112.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 267,473 shares of the company’s stock worth $27,066,000 after acquiring an additional 141,553 shares in the last quarter. LPL Financial LLC raised its position in shares of AB Disruptors ETF by 35.8% during the 4th quarter. LPL Financial LLC now owns 513,283 shares of the company’s stock worth $53,592,000 after acquiring an additional 135,289 shares in the last quarter. Bank of America Corp DE lifted its stake in AB Disruptors ETF by 97.1% during the third quarter. Bank of America Corp DE now owns 217,865 shares of the company’s stock worth $22,046,000 after purchasing an additional 107,341 shares during the last quarter. Finally, Intrepid Financial Planning Group LLC purchased a new stake in AB Disruptors ETF during the third quarter worth approximately $7,293,000.

AB Disruptors ETF Stock Down 3.5%

Shares of FWD opened at $142.91 on Thursday. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 41.03 and a beta of 1.54. AB Disruptors ETF has a 52-week low of $87.54 and a 52-week high of $149.57. The stock has a 50 day moving average price of $137.20 and a 200 day moving average price of $120.92.

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.