Lord & Richards Wealth Management LLC Increases Stock Position in Freedom 100 Emerging Markets ETF $FRDM

Lord & Richards Wealth Management LLC boosted its position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 46.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,792 shares of the company’s stock after purchasing an additional 10,976 shares during the period. Freedom 100 Emerging Markets ETF makes up 1.5% of Lord & Richards Wealth Management LLC’s portfolio, making the stock its 17th biggest position. Lord & Richards Wealth Management LLC owned 0.12% of Freedom 100 Emerging Markets ETF worth $1,784,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Coyle Financial Counsel LLC boosted its position in Freedom 100 Emerging Markets ETF by 6.4% in the 3rd quarter. Coyle Financial Counsel LLC now owns 556,660 shares of the company’s stock valued at $24,666,000 after buying an additional 33,573 shares during the last quarter. Compass Ion Advisors LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF during the third quarter worth about $11,682,000. Beaumont Financial Advisors LLC increased its position in shares of Freedom 100 Emerging Markets ETF by 21.8% during the third quarter. Beaumont Financial Advisors LLC now owns 267,947 shares of the company’s stock worth $11,873,000 after acquiring an additional 47,872 shares during the last quarter. Ameritas Investment Partners Inc. lifted its stake in shares of Freedom 100 Emerging Markets ETF by 16.5% in the third quarter. Ameritas Investment Partners Inc. now owns 110,541 shares of the company’s stock worth $4,898,000 after acquiring an additional 15,657 shares in the last quarter. Finally, Bravias Capital Group LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF in the third quarter worth about $613,000.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of FRDM opened at $52.30 on Tuesday. Freedom 100 Emerging Markets ETF has a one year low of $30.68 and a one year high of $63.72. The stock has a 50-day moving average price of $58.02 and a 200 day moving average price of $51.69. The company has a market capitalization of $1.54 billion, a P/E ratio of 12.68 and a beta of 0.94.

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.