Freedom 100 Emerging Markets ETF $FRDM Shares Acquired by Prospera Financial Services Inc

Prospera Financial Services Inc increased its stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 82.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,674 shares of the company’s stock after buying an additional 20,688 shares during the quarter. Prospera Financial Services Inc owned about 0.15% of Freedom 100 Emerging Markets ETF worth $2,024,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Ellevest Inc. boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 458.6% during 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 period. First Heartland Consultants Inc. acquired a new position in Freedom 100 Emerging Markets ETF during the 2nd quarter valued at about $14,632,000. Envestnet Asset Management Inc. grew its position in Freedom 100 Emerging Markets ETF by 527.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 356,976 shares of the company’s stock worth $14,422,000 after purchasing an additional 300,091 shares during the last quarter. Compass Ion Advisors LLC bought a new position in Freedom 100 Emerging Markets ETF in the 3rd quarter worth about $11,682,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of 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 purchasing an additional 154,256 shares during the period.

Freedom 100 Emerging Markets ETF Trading Up 0.2%

Shares of BATS FRDM opened at $60.40 on Friday. The stock has a 50 day simple moving average of $54.38 and a 200-day simple moving average of $48.13. The company has a market cap of $1.78 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12-month low of $30.68 and a 12-month high of $61.57.

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.