Advisory Services Network LLC Raises Holdings in AB Disruptors ETF (NYSEARCA:FWD)

Advisory Services Network LLC grew its stake in shares of AB Disruptors ETF (NYSEARCA:FWD) by 56.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,365 shares of the company’s stock after acquiring an additional 8,468 shares during the quarter. Advisory Services Network LLC’s holdings in AB Disruptors ETF were worth $1,850,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Alliancebernstein L.P. increased its holdings in shares of AB Disruptors ETF by 17.7% in the fourth quarter. Alliancebernstein L.P. now owns 4,127,527 shares of the company’s stock valued at $326,859,000 after purchasing an additional 620,504 shares during the period. LPL Financial LLC lifted its holdings in shares of AB Disruptors ETF by 13.4% during the fourth quarter. LPL Financial LLC now owns 198,768 shares of the company’s stock worth $15,740,000 after purchasing an additional 23,427 shares during the period. Private Advisor Group LLC boosted its position in AB Disruptors ETF by 52.8% in the fourth quarter. Private Advisor Group LLC now owns 83,691 shares of the company’s stock valued at $6,628,000 after buying an additional 28,922 shares during the last quarter. Quantum Private Wealth LLC increased its holdings in AB Disruptors ETF by 2.0% in the 4th quarter. Quantum Private Wealth LLC now owns 77,629 shares of the company’s stock worth $6,147,000 after buying an additional 1,546 shares during the period. Finally, D.A. Davidson & CO. raised its position in AB Disruptors ETF by 1.8% during the 4th quarter. D.A. Davidson & CO. now owns 23,221 shares of the company’s stock worth $1,839,000 after buying an additional 412 shares during the last quarter.

AB Disruptors ETF Price Performance

FWD stock opened at $67.94 on Friday. The company has a market capitalization of $520.42 million, a P/E ratio of 30.37 and a beta of 1.49. AB Disruptors ETF has a 12 month low of $59.03 and a 12 month high of $87.66. The firm’s fifty day simple moving average is $76.11 and its 200-day simple moving average is $79.77.

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.