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

JPMorgan Chase & Co. lifted its holdings in shares of Abacus FCF Leaders ETF (BATS:ABFL) by 5.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,411,395 shares of the company’s stock after buying an additional 358,965 shares during the period. JPMorgan Chase & Co. owned about 0.73% of Abacus FCF Leaders ETF worth $533,391,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Dynasty Wealth Management LLC boosted its position in Abacus FCF Leaders ETF by 20.2% during the third quarter. Dynasty Wealth Management LLC now owns 7,972,304 shares of the company’s stock valued at $573,759,000 after purchasing an additional 1,337,607 shares during the last quarter. Raymond James Financial Inc. increased its holdings in Abacus FCF Leaders ETF by 0.9% during the third quarter. Raymond James Financial Inc. now owns 21,921 shares of the company’s stock worth $1,578,000 after buying an additional 186 shares during the last quarter. Two Sigma Investments LP increased its holdings in Abacus FCF Leaders ETF by 13.1% during the third quarter. Two Sigma Investments LP now owns 9,500 shares of the company’s stock worth $684,000 after buying an additional 1,100 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in Abacus FCF Leaders ETF during the second quarter worth $570,000. Finally, Traveka Wealth LLC acquired a new stake in Abacus FCF Leaders ETF in the third quarter valued at $516,000.

Abacus FCF Leaders ETF Price Performance

Shares of ABFL opened at $72.56 on Wednesday. The firm has a 50-day moving average of $72.91 and a 200-day moving average of $72.08. Abacus FCF Leaders ETF has a one year low of $55.40 and a one year high of $74.67. The company has a market cap of $740.11 million, a PE ratio of 31.79 and a beta of 0.92.

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.