Freedom 100 Emerging Markets ETF $FRDM Shares Sold by Watchman Group Inc.

Watchman Group Inc. cut its stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 8.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 171,193 shares of the company’s stock after selling 15,138 shares during the quarter. Freedom 100 Emerging Markets ETF makes up approximately 2.3% of Watchman Group Inc.’s portfolio, making the stock its 10th largest holding. Watchman Group Inc.’s holdings in Freedom 100 Emerging Markets ETF were worth $9,356,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FRDM. First Pacific Financial purchased a new stake in Freedom 100 Emerging Markets ETF during the 4th quarter worth approximately $27,000. Strive Financial Group LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF during the fourth quarter valued at approximately $28,000. Clarity Asset Management Inc. purchased a new position in shares of Freedom 100 Emerging Markets ETF in the fourth quarter valued at approximately $36,000. Steward Partners Investment Advisory LLC lifted its position in shares of Freedom 100 Emerging Markets ETF by 207.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock valued at $37,000 after acquiring an additional 483 shares in the last quarter. Finally, CoreCap Advisors LLC boosted its stake in shares of Freedom 100 Emerging Markets ETF by 111.1% in the fourth quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock worth $49,000 after acquiring an additional 500 shares during the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

Shares of BATS:FRDM opened at $71.71 on Thursday. Freedom 100 Emerging Markets ETF has a 1 year low of $39.92 and a 1 year high of $76.90. The firm has a market capitalization of $2.12 billion, a PE ratio of 12.68 and a beta of 0.94. The business’s 50 day moving average price is $68.16 and its 200-day moving average price is $60.11.

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.