Geneos Wealth Management Inc. Invests $119,000 in AB Disruptors ETF (NYSEARCA:FWD)

Geneos Wealth Management Inc. acquired a new stake in shares of AB Disruptors ETF (NYSEARCA:FWD) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,500 shares of the company’s stock, valued at approximately $119,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC purchased a new position in AB Disruptors ETF in the third quarter worth $4,289,000. Janney Montgomery Scott LLC raised its holdings in shares of AB Disruptors ETF by 34.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 14,522 shares of the company’s stock valued at $1,137,000 after buying an additional 3,721 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in AB Disruptors ETF in the 3rd quarter worth approximately $375,000. MML Investors Services LLC boosted its stake in AB Disruptors ETF by 2.2% in the third quarter. MML Investors Services LLC now owns 7,799 shares of the company’s stock worth $611,000 after buying an additional 165 shares in the last quarter. Finally, BOS Asset Management LLC grew its position in AB Disruptors ETF by 475.3% during the third quarter. BOS Asset Management LLC now owns 25,524 shares of the company’s stock valued at $1,999,000 after acquiring an additional 21,087 shares during the last quarter.

AB Disruptors ETF Stock Performance

Shares of FWD opened at $84.45 on Friday. AB Disruptors ETF has a fifty-two week low of $64.17 and a fifty-two week high of $87.66. The firm has a market cap of $346.25 million, a price-to-earnings ratio of 37.84 and a beta of 1.49. The firm has a 50 day moving average price of $82.95 and a 200-day moving average price of $79.16.

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.