Abacus FCF Leaders ETF $ABFL is Dynasty Wealth Management LLC’s 2nd Largest Position

Dynasty Wealth Management LLC grew its holdings in Abacus FCF Leaders ETF (BATS:ABFL) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,219,704 shares of the company’s stock after purchasing an additional 247,400 shares during the period. Abacus FCF Leaders ETF makes up 5.8% of Dynasty Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Dynasty Wealth Management LLC owned about 80.59% of Abacus FCF Leaders ETF worth $586,640,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of ABFL. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Abacus FCF Leaders ETF by 112.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 559 shares of the company’s stock valued at $40,000 after purchasing an additional 296 shares in the last quarter. Key Capital Management INC purchased a new stake in shares of Abacus FCF Leaders ETF in the fourth quarter valued at $52,000. Cornerstone Planning Group LLC lifted its holdings in shares of Abacus FCF Leaders ETF by 45.3% in the third quarter. Cornerstone Planning Group LLC now owns 1,158 shares of the company’s stock valued at $83,000 after purchasing an additional 361 shares in the last quarter. Osaic Holdings Inc. purchased a new stake in shares of Abacus FCF Leaders ETF in the second quarter valued at $224,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of Abacus FCF Leaders ETF in the fourth quarter valued at $297,000.

Abacus FCF Leaders ETF Stock Up 1.0%

ABFL opened at $83.74 on Wednesday. The stock has a fifty day moving average of $77.09 and a 200-day moving average of $73.97. The firm has a market capitalization of $854.15 million, a P/E ratio of 31.79 and a beta of 0.92. Abacus FCF Leaders ETF has a 12-month low of $63.92 and a 12-month high of $83.74.

About Abacus FCF Leaders ETF

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.