Freedom 100 Emerging Markets ETF $FRDM Stock Position Reduced by Members Advisory Group LLC

Members Advisory Group LLC reduced its position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 52.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,825 shares of the company’s stock after selling 44,800 shares during the period. Freedom 100 Emerging Markets ETF comprises approximately 0.7% of Members Advisory Group LLC’s holdings, making the stock its 22nd largest holding. Members Advisory Group LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $2,176,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its holdings in shares of Freedom 100 Emerging Markets ETF by 4.5% during the third quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock worth $246,000 after purchasing an additional 237 shares during the period. Comerica Bank boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 13.9% in the 3rd quarter. Comerica Bank now owns 2,734 shares of the company’s stock valued at $121,000 after buying an additional 333 shares during the period. IFP Advisors Inc boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 1.2% in the 4th quarter. IFP Advisors Inc now owns 28,217 shares of the company’s stock valued at $1,447,000 after buying an additional 344 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of Freedom 100 Emerging Markets ETF by 207.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock valued at $37,000 after buying an additional 483 shares during the last quarter. Finally, CoreCap Advisors LLC grew its position in shares of Freedom 100 Emerging Markets ETF by 111.1% during the 4th quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock valued at $49,000 after buying an additional 500 shares during the last quarter.

Freedom 100 Emerging Markets ETF Stock Down 1.1%

FRDM opened at $67.32 on Thursday. The company’s 50-day moving average price is $70.20 and its 200 day moving average price is $62.23. Freedom 100 Emerging Markets ETF has a fifty-two week low of $39.92 and a fifty-two week high of $76.90. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94.

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.