Freedom 100 Emerging Markets ETF $FRDM Shares Bought by Willis Johnson & Associates Inc.

Willis Johnson & Associates Inc. boosted its stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 2.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,005,249 shares of the company’s stock after purchasing an additional 22,577 shares during the period. Freedom 100 Emerging Markets ETF makes up about 2.8% of Willis Johnson & Associates Inc.’s portfolio, making the stock its 8th biggest position. Willis Johnson & Associates Inc. owned approximately 3.41% of Freedom 100 Emerging Markets ETF worth $44,543,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ellevest Inc. grew 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 buying an additional 936,741 shares during the last quarter. First Heartland Consultants Inc. purchased a new position in Freedom 100 Emerging Markets ETF in the 2nd quarter worth $14,632,000. Envestnet Asset Management Inc. lifted its position in Freedom 100 Emerging Markets ETF by 527.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 356,976 shares of the company’s stock worth $14,422,000 after acquiring an additional 300,091 shares during the period. Compass Ion Advisors LLC purchased a new stake in Freedom 100 Emerging Markets ETF during the 3rd quarter valued at about $11,682,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Freedom 100 Emerging Markets ETF by 12.0% during the 2nd 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 last quarter.

Freedom 100 Emerging Markets ETF Stock Down 0.9%

Shares of BATS:FRDM opened at $59.49 on Wednesday. Freedom 100 Emerging Markets ETF has a 52-week low of $30.68 and a 52-week high of $60.35. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The business has a 50-day moving average price of $53.68 and a 200-day moving average price of $47.82.

Freedom 100 Emerging Markets ETF Company 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.