Alpha Architect Freedom 100 Emerging Market ETF (BATS:FRDM) Shares Up 0.4% – What’s Next?

Alpha Architect Freedom 100 Emerging Market ETF (BATS:FRDM) was up 0.4% during trading on Thursday . The stock traded as high as $34.11 and last traded at $34.02. Approximately 144,801 shares changed hands during mid-day trading, The stock had previously closed at $33.89.

Alpha Architect Freedom 100 Emerging Market ETF Price Performance

The firm has a market capitalization of $802.92 million, a P/E ratio of 10.95 and a beta of 1.07. The firm’s 50 day moving average is $35.33 and its two-hundred day moving average is $35.19.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Lumbard & Kellner LLC bought a new position in shares of Alpha Architect Freedom 100 Emerging Market ETF during the 1st quarter worth approximately $2,732,000. Bull Oak Capital LLC boosted its position in Alpha Architect Freedom 100 Emerging Market ETF by 15.1% during the second quarter. Bull Oak Capital LLC now owns 175,679 shares of the company’s stock worth $6,205,000 after purchasing an additional 23,004 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Alpha Architect Freedom 100 Emerging Market ETF in the second quarter valued at $336,000. Beaumont Financial Advisors LLC raised its position in shares of Alpha Architect Freedom 100 Emerging Market ETF by 2.1% in the third quarter. Beaumont Financial Advisors LLC now owns 180,660 shares of the company’s stock valued at $6,464,000 after purchasing an additional 3,754 shares during the period. Finally, Prism Advisors Inc. lifted its stake in shares of Alpha Architect Freedom 100 Emerging Market ETF by 2.6% during the 2nd quarter. Prism Advisors Inc. now owns 48,147 shares of the company’s stock worth $1,701,000 after buying an additional 1,203 shares during the last quarter.

About Alpha Architect Freedom 100 Emerging Market ETF

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.