Glenmede Trust Co. NA Makes New Investment in AB Disruptors ETF $FWD

Glenmede Trust Co. NA purchased a new position in shares of AB Disruptors ETF (NYSEARCA:FWD) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 7,279 shares of the company’s stock, valued at approximately $790,000.

Other institutional investors have also made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in AB Disruptors ETF in the fourth quarter worth approximately $1,180,000. UBS Group AG lifted its stake in AB Disruptors ETF by 73.2% in the fourth quarter. UBS Group AG now owns 26,063 shares of the company’s stock valued at $2,721,000 after acquiring an additional 11,018 shares during the last quarter. KPP Advisory Services LLC lifted its stake in AB Disruptors ETF by 183.3% in the fourth quarter. KPP Advisory Services LLC now owns 48,785 shares of the company’s stock valued at $5,094,000 after acquiring an additional 31,566 shares during the last quarter. Kingsview Wealth Management LLC grew its position in AB Disruptors ETF by 15.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 30,280 shares of the company’s stock worth $3,162,000 after acquiring an additional 4,088 shares in the last quarter. Finally, PMG Wealth Management Inc. bought a new stake in AB Disruptors ETF in the first quarter worth approximately $6,565,000.

AB Disruptors ETF Stock Up 1.2%

Shares of FWD opened at $132.43 on Friday. The company’s fifty day moving average is $136.41 and its 200-day moving average is $125.29. AB Disruptors ETF has a 12 month low of $88.94 and a 12 month high of $149.57. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 41.03 and a beta of 1.60.

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.