Freedom 100 Emerging Markets ETF $FRDM Shares Newly Bought by Longview Financial Advisors Inc.

Longview Financial Advisors Inc. purchased a new stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 183,448 shares of the company’s stock, valued at approximately $12,834,000. Freedom 100 Emerging Markets ETF accounts for approximately 7.4% of Longview Financial Advisors Inc.’s portfolio, making the stock its 6th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Retirement Planning Group LLC lifted its position in shares of Freedom 100 Emerging Markets ETF by 5.5% in the 1st quarter. Retirement Planning Group LLC now owns 2,549,629 shares of the company’s stock worth $139,337,000 after acquiring an additional 133,481 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Freedom 100 Emerging Markets ETF by 53.6% during the second quarter. Envestnet Asset Management Inc. now owns 725,104 shares of the company’s stock valued at $49,446,000 after purchasing an additional 253,060 shares during the period. Aptus Capital Advisors LLC increased its position in shares of Freedom 100 Emerging Markets ETF by 0.3% during the fourth quarter. Aptus Capital Advisors LLC now owns 670,142 shares of the company’s stock valued at $34,358,000 after purchasing an additional 1,924 shares during the period. Kestra Advisory Services LLC raised its stake in shares of Freedom 100 Emerging Markets ETF by 18.6% in the first quarter. Kestra Advisory Services LLC now owns 442,531 shares of the company’s stock valued at $24,184,000 after purchasing an additional 69,312 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Freedom 100 Emerging Markets ETF by 4.6% in the first quarter. Janney Montgomery Scott LLC now owns 440,218 shares of the company’s stock valued at $24,058,000 after purchasing an additional 19,205 shares in the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

Shares of FRDM stock opened at $68.76 on Friday. Freedom 100 Emerging Markets ETF has a one year low of $43.77 and a one year high of $76.90. The stock has a fifty day moving average price of $69.30 and a 200 day moving average price of $67.11. The stock has a market cap of $2.03 billion, a P/E ratio of 12.68 and a beta of 0.94.

Freedom 100 Emerging Markets ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were paid a $0.2934 dividend. The ex-dividend date was Monday, September 28th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 1.7%. This is a negative change from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302.

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.