Highline Wealth Partners LLC Purchases New Stake in Freedom 100 Emerging Markets ETF $FRDM

Highline Wealth Partners LLC acquired a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 17,507 shares of the company’s stock, valued at approximately $776,000.

A number of other large investors also recently added to or reduced their stakes in FRDM. Retirement Planning Group LLC boosted its stake in shares of Freedom 100 Emerging Markets ETF by 1.2% in the 2nd quarter. Retirement Planning Group LLC now owns 2,386,771 shares of the company’s stock valued at $96,426,000 after purchasing an additional 28,261 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Freedom 100 Emerging Markets ETF by 12.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,438,388 shares of the company’s stock valued at $58,111,000 after buying an additional 154,256 shares during the period. Ellevest Inc. boosted its stake in Freedom 100 Emerging Markets ETF by 458.6% in the second quarter. Ellevest Inc. now owns 1,140,983 shares of the company’s stock valued at $46,096,000 after acquiring an additional 936,741 shares during the last quarter. Tanglewood Wealth Management Inc. boosted its stake in Freedom 100 Emerging Markets ETF by 48.6% in the second quarter. Tanglewood Wealth Management Inc. now owns 1,107,772 shares of the company’s stock valued at $44,754,000 after acquiring an additional 362,189 shares during the last quarter. Finally, Willis Johnson & Associates Inc. grew its holdings in Freedom 100 Emerging Markets ETF by 4.4% during the 2nd quarter. Willis Johnson & Associates Inc. now owns 982,672 shares of the company’s stock worth $39,700,000 after acquiring an additional 41,258 shares during the period.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of Freedom 100 Emerging Markets ETF stock opened at $50.08 on Tuesday. The firm has a fifty day moving average of $47.90 and a two-hundred day moving average of $43.92. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 52 week low of $30.68 and a 52 week high of $41.38.

Freedom 100 Emerging Markets ETF Profile

The Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund that mostly invests in total market equity. FDRM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics. FRDM was launched on May 23, 2019 and is managed by Alpha Architect.