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Abacus FCF Innovation Leaders ETF seeks to track investment results of FCF US Quality Innovation Index that provides exposure to U.S. publicly traded companies with strong free cash flow and strong research and development ("R&D") investment. The Index is sponsored and maintained by FCF Indexes LLC an affiliate of FCF Advisors LLC. The Fund intends to maintain a portfolio of securities that generally replicates the holdings of the Underlying Index. Each security eligible for inclusion is then scored based on the following components of the company issuing the security (the "FCF Innovation Score"), which is intended to be representative of a company's free cash flow and innovation (i) quality of earnings (i.e., a metric that determines the proportion of income attributable to the cash flow activities of a company) (ii) profits generated from R&D (iii) degree of R&D investment relative to total assets (iv) assets turnover and (v) financial leverage. Only companies with an FCF Innovation Score within the top 25% of all eligible securities are candidates for inclusion in the Underlying Index.
Abacus Fcf Innovation Leaders ETF trades on the BATS stock market under the symbol ABOT.
As of January 17, 2025, ABOT stock price climbed to $36.69 with 440 million shares trading.
ABOT has a market cap of $8.25 million. This is considered a Sub-Micro Cap stock.
ABOT support price is $35.99 and resistance is $36.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABOT shares will trade within this expected range on the day.