AB Disruptors ETF (NYSEARCA:FWD – Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 13,997 shares, a drop of 63.3% from the August 15th total of 38,107 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 167,158 shares, the short-interest ratio is presently 0.1 days.
AB Disruptors ETF Stock Performance
Shares of NYSEARCA:FWD traded down $0.36 during midday trading on Tuesday, reaching $124.90. 13,617 shares of the company’s stock traded hands, compared to its average volume of 224,012. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 41.03 and a beta of 1.60. AB Disruptors ETF has a one year low of $95.53 and a one year high of $149.57. The stock has a 50 day moving average of $130.02 and a 200 day moving average of $128.28.
Institutional Trading of AB Disruptors ETF
Institutional investors have recently made changes to their positions in the stock. USAdvisors Wealth Management LLC lifted its holdings in AB Disruptors ETF by 0.5% in the first quarter. USAdvisors Wealth Management LLC now owns 17,664 shares of the company’s stock valued at $1,825,000 after acquiring an additional 81 shares during the period. Fifth Third Bancorp bought a new stake in shares of AB Disruptors ETF during the 1st quarter valued at about $27,000. Wagner Wealth Management LLC increased its position in shares of AB Disruptors ETF by 26.4% during the 1st quarter. Wagner Wealth Management LLC now owns 1,369 shares of the company’s stock valued at $149,000 after purchasing an additional 286 shares during the last quarter. D.A. Davidson & CO. increased its position in shares of AB Disruptors ETF by 6.1% during the 1st quarter. D.A. Davidson & CO. now owns 7,554 shares of the company’s stock valued at $820,000 after purchasing an additional 437 shares during the last quarter. Finally, Harbour Investments Inc. bought a new position in shares of AB Disruptors ETF in the 4th quarter worth approximately $48,000.
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.
Further Reading
- Five stocks we like better than AB Disruptors ETF
- Could Dave & Buster’s Capitulation Signal the Bottom Is Finally In?
- A Sub-20 P/E on GOOGL? The Market May Be Missing Something
- SpaceX Defies Gravity With a Nasdaq-100 Double-Weighting Boost
- Navan’s Strong Quarter Meets an AI Spending Reality Check
Receive News & Ratings for AB Disruptors ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB Disruptors ETF and related companies with MarketBeat.com's FREE daily email newsletter.
