HighTower Advisors LLC trimmed its stake in Freedom 100 Emerging Markets ETF (BATS:FRDM – Free Report) by 2.1% in the 4th quarter, HoldingsChannel reports. The firm owned 418,448 shares of the company’s stock after selling 9,107 shares during the quarter. HighTower Advisors LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $21,454,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. UMB Bank n.a. lifted its position in shares of Freedom 100 Emerging Markets ETF by 200.0% in the 3rd quarter. UMB Bank n.a. now owns 600 shares of the company’s stock worth $27,000 after purchasing an additional 400 shares during the period. First Pacific Financial purchased a new stake in shares of Freedom 100 Emerging Markets ETF in the 4th quarter worth about $27,000. CoreCap Advisors LLC lifted its position in shares of Freedom 100 Emerging Markets ETF by 111.1% in the 4th quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock worth $49,000 after purchasing an additional 500 shares during the period. Millstone Evans Group LLC lifted its position in shares of Freedom 100 Emerging Markets ETF by 99.7% in the 4th quarter. Millstone Evans Group LLC now owns 1,266 shares of the company’s stock worth $65,000 after purchasing an additional 632 shares during the period. Finally, JPL Wealth Management LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF in the 3rd quarter worth about $96,000.
Freedom 100 Emerging Markets ETF Trading Down 0.7%
BATS:FRDM opened at $67.52 on Friday. The company has a 50-day moving average price of $60.73 and a 200-day moving average price of $56.10. Freedom 100 Emerging Markets ETF has a 12 month low of $37.63 and a 12 month high of $69.66. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94.
About Freedom 100 Emerging Markets 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.
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Want to see what other hedge funds are holding FRDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Freedom 100 Emerging Markets ETF (BATS:FRDM – Free Report).
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