Cardinal Point Capital Management ULC Purchases Shares of 17,123 Abacus FCF Leaders ETF $ABFL

Cardinal Point Capital Management ULC acquired a new stake in shares of Abacus FCF Leaders ETF (BATS:ABFL) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 17,123 shares of the company’s stock, valued at approximately $1,218,000. Cardinal Point Capital Management ULC owned about 0.17% of Abacus FCF Leaders ETF at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its holdings in Abacus FCF Leaders ETF by 112.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 559 shares of the company’s stock valued at $40,000 after purchasing an additional 296 shares during the period. Key Capital Management INC purchased a new position in Abacus FCF Leaders ETF during the fourth quarter worth approximately $52,000. Osaic Holdings Inc. acquired a new position in shares of Abacus FCF Leaders ETF in the 2nd quarter valued at $224,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Abacus FCF Leaders ETF during the 4th quarter valued at $297,000. Finally, Kestra Advisory Services LLC increased its holdings in shares of Abacus FCF Leaders ETF by 14.2% during the 4th quarter. Kestra Advisory Services LLC now owns 8,053 shares of the company’s stock worth $575,000 after buying an additional 1,004 shares during the last quarter.

Abacus FCF Leaders ETF Price Performance

Abacus FCF Leaders ETF stock opened at $82.39 on Thursday. Abacus FCF Leaders ETF has a 12 month low of $63.92 and a 12 month high of $84.72. The company has a market cap of $840.38 million, a price-to-earnings ratio of 31.79 and a beta of 0.92. The stock’s 50-day moving average is $80.63 and its 200-day moving average is $75.39.

Abacus FCF Leaders ETF Company 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.