Brookstone Capital Management Buys 85,789 Shares of Freedom 100 Emerging Markets ETF $FRDM

Brookstone Capital Management increased its stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 275.7% during the first quarter, Holdings Channel reports. The firm owned 116,907 shares of the company’s stock after acquiring an additional 85,789 shares during the period. Brookstone Capital Management’s holdings in Freedom 100 Emerging Markets ETF were worth $6,389,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FRDM. Retirement Planning Group LLC raised its position in shares of Freedom 100 Emerging Markets ETF by 0.6% in the 4th quarter. Retirement Planning Group LLC now owns 2,416,148 shares of the company’s stock valued at $123,876,000 after buying an additional 15,469 shares in the last quarter. Mainstay Capital Management LLC ADV acquired a new stake in shares of Freedom 100 Emerging Markets ETF during the 4th quarter worth approximately $85,418,000. Northwestern Mutual Wealth Management Co. increased its stake in Freedom 100 Emerging Markets ETF by 8.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,580,643 shares of the company’s stock valued at $81,040,000 after acquiring an additional 120,307 shares during the last quarter. Wells Fargo & Company MN raised its position in Freedom 100 Emerging Markets ETF by 9.3% during the fourth quarter. Wells Fargo & Company MN now owns 1,500,570 shares of the company’s stock valued at $76,934,000 after purchasing an additional 127,659 shares in the last quarter. Finally, Ellevest Inc. raised its position in Freedom 100 Emerging Markets ETF by 0.5% during the fourth quarter. Ellevest Inc. now owns 1,178,453 shares of the company’s stock valued at $60,419,000 after purchasing an additional 5,419 shares in the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

BATS FRDM opened at $71.41 on Wednesday. The business has a fifty day moving average price of $67.93 and a two-hundred day moving average price of $59.95. The stock has a market capitalization of $2.11 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a fifty-two week low of $39.63 and a fifty-two week high of $76.90.

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.