Invst LLC Has $16.59 Million Stock Holdings in Freedom 100 Emerging Markets ETF $FRDM

Invst LLC trimmed its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 9.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 323,659 shares of the company’s stock after selling 34,796 shares during the period. Freedom 100 Emerging Markets ETF makes up approximately 1.8% of Invst LLC’s holdings, making the stock its 14th biggest holding. Invst LLC owned 1.10% of Freedom 100 Emerging Markets ETF worth $16,594,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FRDM. UMB Bank n.a. raised 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 valued at $27,000 after acquiring an additional 400 shares during the period. First Pacific Financial acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the 4th quarter valued at approximately $27,000. CoreCap Advisors LLC raised 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 valued at $49,000 after acquiring an additional 500 shares during the period. Millstone Evans Group LLC raised 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 valued at $65,000 after acquiring an additional 632 shares during the period. Finally, JPL Wealth Management LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the 3rd quarter valued at approximately $96,000.

Freedom 100 Emerging Markets ETF Price Performance

Shares of BATS:FRDM opened at $66.74 on Friday. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The firm’s 50 day simple moving average is $64.00 and its 200 day simple moving average is $57.77. Freedom 100 Emerging Markets ETF has a fifty-two week low of $38.02 and a fifty-two week high of $74.86.

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.