Independent Financial Group LLC Invests $941,000 in Freedom 100 Emerging Markets ETF $FRDM

Independent Financial Group LLC acquired a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 17,222 shares of the company’s stock, valued at approximately $941,000. Independent Financial Group LLC owned approximately 0.06% of Freedom 100 Emerging Markets ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Parallel Advisors LLC boosted its holdings in Freedom 100 Emerging Markets ETF by 4.5% during the 3rd quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock valued at $246,000 after acquiring an additional 237 shares during the period. Comerica Bank lifted its position in shares of Freedom 100 Emerging Markets ETF by 13.9% during the third quarter. Comerica Bank now owns 2,734 shares of the company’s stock worth $121,000 after purchasing an additional 333 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Freedom 100 Emerging Markets ETF by 1.2% during the fourth quarter. IFP Advisors Inc now owns 28,217 shares of the company’s stock worth $1,447,000 after purchasing an additional 344 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake 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 purchasing an additional 483 shares during the period. 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 valued at $49,000 after purchasing an additional 500 shares during the period.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of FRDM stock opened at $64.47 on Tuesday. Freedom 100 Emerging Markets ETF has a fifty-two week low of $39.97 and a fifty-two week high of $76.90. The company has a 50 day moving average price of $69.99 and a 200 day moving average price of $62.52. The stock has a market capitalization of $1.90 billion, a P/E 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.