Pearl Planning LLC Lowers Stake in Freedom 100 Emerging Markets ETF $FRDM

Pearl Planning LLC cut its stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 3.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,261 shares of the company’s stock after selling 7,176 shares during the period. Freedom 100 Emerging Markets ETF makes up about 5.1% of Pearl Planning LLC’s portfolio, making the stock its 7th biggest holding. Pearl Planning LLC owned approximately 0.60% of Freedom 100 Emerging Markets ETF worth $9,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of FRDM. First Pacific Financial bought a new position in shares of Freedom 100 Emerging Markets ETF in the fourth quarter worth $27,000. Strive Financial Group LLC bought a new stake in Freedom 100 Emerging Markets ETF during the fourth quarter worth about $28,000. Clarity Asset Management Inc. bought a new stake in Freedom 100 Emerging Markets ETF during the fourth quarter worth about $36,000. Steward Partners Investment Advisory LLC lifted its position in Freedom 100 Emerging Markets ETF by 207.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after purchasing an additional 483 shares during the period. Finally, CoreCap Advisors LLC grew its stake in Freedom 100 Emerging Markets ETF by 111.1% during the fourth quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock worth $49,000 after buying an additional 500 shares in the last quarter.

Freedom 100 Emerging Markets ETF Stock Up 1.8%

FRDM stock opened at $69.77 on Friday. Freedom 100 Emerging Markets ETF has a 12 month low of $39.92 and a 12 month high of $76.90. The firm has a market cap of $2.06 billion, a P/E ratio of 12.68 and a beta of 0.94. The company’s 50-day moving average price is $69.93 and its two-hundred day moving average price is $61.75.

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.