Koshinski Asset Management Inc. Raises Stock Position in Freedom 100 Emerging Markets ETF $FRDM

Koshinski Asset Management Inc. grew its stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 234.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 160,417 shares of the company’s stock after acquiring an additional 112,505 shares during the period. Koshinski Asset Management Inc.’s holdings in Freedom 100 Emerging Markets ETF were worth $8,767,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Retirement Planning Group LLC grew its stake in Freedom 100 Emerging Markets ETF by 0.6% in the fourth quarter. Retirement Planning Group LLC now owns 2,416,148 shares of the company’s stock worth $123,876,000 after purchasing an additional 15,469 shares in the last quarter. Mainstay Capital Management LLC ADV bought a new stake in Freedom 100 Emerging Markets ETF during the 4th quarter valued at $85,418,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 8.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,580,643 shares of the company’s stock worth $81,040,000 after buying an additional 120,307 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 9.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,500,570 shares of the company’s stock worth $76,934,000 after buying an additional 127,659 shares during the period. Finally, Ellevest Inc. grew its position in shares of Freedom 100 Emerging Markets ETF by 0.5% during the 4th quarter. Ellevest Inc. now owns 1,178,453 shares of the company’s stock worth $60,419,000 after buying an additional 5,419 shares in the last quarter.

Freedom 100 Emerging Markets ETF Stock Performance

FRDM opened at $68.44 on Friday. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12-month low of $39.92 and a 12-month high of $76.90. The business’s fifty day simple moving average is $69.37 and its 200-day simple moving average is $61.09.

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.