Abacus FCF Leaders ETF $ABFL Stock Position Lessened by Traveka Wealth LLC

Traveka Wealth LLC trimmed its holdings in shares of Abacus FCF Leaders ETF (BATS:ABFL) by 48.5% during the first quarter, Holdings Channel.com reports. The firm owned 6,959 shares of the company’s stock after selling 6,551 shares during the quarter. Traveka Wealth LLC’s holdings in Abacus FCF Leaders ETF were worth $495,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Dynasty Wealth Management LLC lifted its holdings in Abacus FCF Leaders ETF by 3.1% in the fourth quarter. Dynasty Wealth Management LLC now owns 8,219,704 shares of the company’s stock worth $586,640,000 after purchasing an additional 247,400 shares during the period. JPMorgan Chase & Co. increased its stake in Abacus FCF Leaders ETF by 5.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,411,395 shares of the company’s stock valued at $533,391,000 after buying an additional 358,965 shares during the period. Centerline Wealth Advisors LLC acquired a new position in Abacus FCF Leaders ETF during the 4th quarter valued at about $19,394,000. Raymond James Financial Inc. increased its stake in Abacus FCF Leaders ETF by 0.9% during the 3rd quarter. Raymond James Financial Inc. now owns 21,921 shares of the company’s stock valued at $1,578,000 after buying an additional 186 shares during the period. Finally, Cardinal Point Capital Management ULC bought a new stake in shares of Abacus FCF Leaders ETF during the 1st quarter worth about $1,218,000.

Abacus FCF Leaders ETF Trading Down 0.8%

Shares of BATS:ABFL opened at $82.99 on Friday. The company has a 50 day moving average of $80.92 and a 200-day moving average of $75.53. The firm has a market cap of $846.50 million, a P/E ratio of 31.79 and a beta of 0.92. Abacus FCF Leaders ETF has a twelve month low of $63.92 and a twelve month high of $84.72.

Abacus FCF Leaders ETF Profile

The Abacus FCF Leaders ETF (ABFL) is an exchange-traded fund that mostly invests in total market equity. The fund aims to outperform a broad US equity index. The actively-managed fund selects stocks based on strong free cash flow and ESG rankings. ABFL was launched on Sep 27, 2016 and is issued by FCF Advisors.