Stegent Equity Advisors Inc. Takes $1.13 Million Position in The Free Markets ETF $FMKT

Stegent Equity Advisors Inc. acquired a new stake in shares of The Free Markets ETF (NYSEARCA:FMKT) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 52,244 shares of the company’s stock, valued at approximately $1,127,000. Stegent Equity Advisors Inc. owned about 0.07% of Free Markets ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Natural Investments LLC bought a new position in Free Markets ETF in the 3rd quarter valued at $12,319,000. NewEdge Advisors LLC grew its position in shares of Free Markets ETF by 37.4% during the 3rd quarter. NewEdge Advisors LLC now owns 113,000 shares of the company’s stock valued at $2,645,000 after purchasing an additional 30,750 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Free Markets ETF in the second quarter worth $663,000. Finally, Brookwood Investment Group LLC bought a new position in shares of Free Markets ETF in the third quarter worth $481,000.

Free Markets ETF Stock Performance

Shares of FMKT stock opened at $20.34 on Monday. The company has a market capitalization of $16.27 million, a PE ratio of 27.82 and a beta of 1.86. The Free Markets ETF has a 52-week low of $19.75 and a 52-week high of $24.88. The business’s fifty day moving average is $21.67 and its 200 day moving average is $22.38.

Free Markets ETF Company Profile

Tidal ETF Trust – The Free Markets ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by SYKON Asset Management LLC, Point Bridge Capital, LLC and Tactical Rotation Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis to create its portfolio.