Sequoia Financial Advisors LLC Buys Shares of 4,785 AB Disruptors ETF (NYSEARCA:FWD)

Sequoia Financial Advisors LLC acquired a new position in AB Disruptors ETF (NYSEARCA:FWD) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,785 shares of the company’s stock, valued at approximately $375,000. Sequoia Financial Advisors LLC owned 0.12% of AB Disruptors ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. North Star Investment Management Corp. acquired a new position in shares of AB Disruptors ETF during the first quarter valued at $34,000. Janney Montgomery Scott LLC acquired a new position in shares of AB Disruptors ETF during the first quarter worth about $360,000. Quantum Private Wealth LLC boosted its position in shares of AB Disruptors ETF by 13.2% during the first quarter. Quantum Private Wealth LLC now owns 61,239 shares of the company’s stock worth $4,434,000 after buying an additional 7,133 shares during the period. Finally, BOS Asset Management LLC acquired a new position in shares of AB Disruptors ETF during the second quarter worth about $343,000.

AB Disruptors ETF Stock Performance

Shares of NYSEARCA FWD opened at $79.36 on Tuesday. The stock has a 50 day moving average price of $77.36 and a 200 day moving average price of $75.29. AB Disruptors ETF has a 52 week low of $49.98 and a 52 week high of $81.62. The stock has a market capitalization of $325.37 million, a PE ratio of 37.84 and a beta of 1.49.

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.