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 20.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,972,304 shares of the company’s stock after purchasing an additional 1,337,607 shares during the period. Abacus FCF Leaders ETF comprises approximately 7.7% of Dynasty Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Dynasty Wealth Management LLC owned approximately 78.16% of Abacus FCF Leaders ETF worth $573,759,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in ABFL. JPMorgan Chase & Co. purchased a new position in Abacus FCF Leaders ETF in the 2nd quarter worth about $499,030,000. Vestmark Advisory Solutions Inc. purchased a new position in shares of Abacus FCF Leaders ETF during the second quarter worth approximately $41,766,000. DecisionMap Wealth Management LLC bought a new stake in shares of Abacus FCF Leaders ETF during the second quarter valued at approximately $4,601,000. Envestnet Asset Management Inc. purchased a new stake in shares of Abacus FCF Leaders ETF in the second quarter valued at approximately $4,179,000. Finally, Raymond James Financial Inc. bought a new position in Abacus FCF Leaders ETF in the second quarter worth approximately $1,538,000.

Abacus FCF Leaders ETF Trading Down 0.1%

Shares of BATS ABFL opened at $72.96 on Tuesday. The company has a market cap of $744.19 million, a price-to-earnings ratio of 31.79 and a beta of 0.92. The firm’s fifty day moving average price is $71.78 and its two-hundred day moving average price is $71.14.

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.