AllianceBernstein launches 3 actively managed ETFs with heavy weightings in names like MSFT, AAPL
Khaosai Wongnatthakan

Investment management and research firm AllianceBernstein announced on Wednesday the launch of three actively managed exchange traded funds. While the ETFs have different investing focuses, names like Apple (AAPL) and Microsoft (MSFT) are heavily weighted in multiple funds.
AllianceBernsteinâs new funds, which will trade on the New York Stock Exchange, are as follows: The AB US Low Volatility Equity ETF (NYSEARCA:LOWV), AB US High Dividend ETF (NYSEARCA:HIDV) and the AB Disruptors ETF (NYSEARCA:FWD).
LOWV: Offers exposure to a portfolio of US large cap equity companies and seeks to outperform the market with less volatility. According to AllianceBernstein, "the portfolio emphasizes downside mitigation while also capturing most of the upside in rising markets."
The fundâs top three positions are in Microsoft (MSFT), Alphabet (GOOG) (GOOGL), and Apple (AAPL) with weightings of 7.38%, 5.21%, and 4.12% respectively.
HIDV: Provides investors access to U.S. equity companies with attractive dividend income and the potential for capital growth.
Looking at HIDVâs top three holdings, Apple (AAPL), Microsoft (MSFT) and Amazon (AMZN) have weightings of 6.82%, 5.97%, and 2.07% respectively.
FWD: Designed to take a thematic approach in identifying disruptive leaders across sectors and geographies. According to AllianceBernstein, the fund aims to "outperform global growth equity markets by investing in innovative market leaders who are poised to disrupt their respective industries."
The fundâs top three weighted names are as follows: NVIDIA (NVDA), Microsoft (MSFT), and Advanced Micro Devices (AMD) weightings of 3.63%, 3.12%, and 2.19% respectively.
In other ETF news, Sprott Asset Management revealed the launch of a new exchange traded fund focused on nickel mining.