JPMorgan Chase & Co. Buys 358,965 Shares of Abacus FCF Leaders ETF $ABFL

JPMorgan Chase & Co. grew its stake in Abacus FCF Leaders ETF (BATS:ABFL) by 5.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,411,395 shares of the company’s stock after buying an additional 358,965 shares during the quarter. JPMorgan Chase & Co. owned 72.66% of Abacus FCF Leaders ETF worth $533,391,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Dynasty Wealth Management LLC lifted its position in Abacus FCF Leaders ETF by 20.2% in the 3rd quarter. Dynasty Wealth Management LLC now owns 7,972,304 shares of the company’s stock valued at $573,759,000 after acquiring an additional 1,337,607 shares in the last quarter. Raymond James Financial Inc. bought a new position in Abacus FCF Leaders ETF during the 2nd quarter worth about $1,538,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Abacus FCF Leaders ETF in the 2nd quarter valued at about $570,000. Traveka Wealth LLC bought a new stake in shares of Abacus FCF Leaders ETF in the third quarter valued at about $516,000. Finally, Level Four Advisory Services LLC bought a new stake in shares of Abacus FCF Leaders ETF in the second quarter valued at about $300,000.

Abacus FCF Leaders ETF Price Performance

ABFL stock opened at $72.56 on Wednesday. The stock has a market capitalization of $740.11 million, a P/E ratio of 31.79 and a beta of 0.92. Abacus FCF Leaders ETF has a fifty-two week low of $55.40 and a fifty-two week high of $74.67. The business has a 50-day moving average of $72.91 and a 200-day moving average of $72.08.

Abacus FCF Leaders ETF Profile

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.