Pearl Planning LLC Trims Stock Holdings in Freedom 100 Emerging Markets ETF $FRDM

Pearl Planning LLC lessened its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 accounts for about 5.1% of Pearl Planning LLC’s portfolio, making the stock its 7th biggest holding. Pearl Planning LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $9,633,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its stake in shares of Freedom 100 Emerging Markets ETF by 3.2% during the second quarter. NewEdge Advisors LLC now owns 28,306 shares of the company’s stock valued at $1,144,000 after purchasing an additional 885 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Freedom 100 Emerging Markets ETF by 16.5% in the second quarter. Raymond James Financial Inc. now owns 454,117 shares of the company’s stock valued at $18,346,000 after buying an additional 64,359 shares during the period. Jane Street Group LLC bought a new position in Freedom 100 Emerging Markets ETF in the 2nd quarter valued at approximately $1,872,000. MML Investors Services LLC raised its holdings in Freedom 100 Emerging Markets ETF by 275.4% in the 2nd quarter. MML Investors Services LLC now owns 55,313 shares of the company’s stock valued at $2,235,000 after buying an additional 40,580 shares during the last quarter. Finally, Tidal Investments LLC raised its holdings in Freedom 100 Emerging Markets ETF by 5.3% in the 2nd quarter. Tidal Investments LLC now owns 60,830 shares of the company’s stock valued at $2,458,000 after buying an additional 3,054 shares during the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

BATS:FRDM opened at $69.77 on Friday. Freedom 100 Emerging Markets ETF has a one year low of $39.92 and a one year high of $76.90. The company has a market cap of $2.06 billion, a PE ratio of 12.68 and a beta of 0.94. The firm’s 50 day simple moving average is $69.93 and its 200 day simple moving average is $61.75.

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.