Signal Advisors Wealth LLC Acquires 23,404 Shares of Freedom 100 Emerging Markets ETF $FRDM

Signal Advisors Wealth LLC raised its stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 17.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 154,516 shares of the company’s stock after acquiring an additional 23,404 shares during the period. Signal Advisors Wealth LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $8,444,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. First Pacific Financial bought a new position in shares of Freedom 100 Emerging Markets ETF during the fourth quarter worth $27,000. Strive Financial Group LLC purchased a new position in Freedom 100 Emerging Markets ETF during the fourth quarter valued at $28,000. Clarity Asset Management Inc. bought a new stake in Freedom 100 Emerging Markets ETF in the 4th quarter valued at $36,000. Steward Partners Investment Advisory LLC increased its holdings in Freedom 100 Emerging Markets ETF by 207.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock valued at $37,000 after acquiring an additional 483 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its stake in 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 in the last quarter.

Freedom 100 Emerging Markets ETF Stock Up 0.1%

Shares of FRDM stock opened at $76.19 on Tuesday. The company’s fifty day simple moving average is $67.70 and its two-hundred day simple moving average is $59.79. Freedom 100 Emerging Markets ETF has a 52 week low of $38.02 and a 52 week high of $76.90. The stock has a market cap of $2.25 billion, a P/E 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.