High Note Wealth LLC Has $11.62 Million Stock Position in Freedom 100 Emerging Markets ETF $FRDM

High Note Wealth LLC raised its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,594 shares of the company’s stock after purchasing an additional 14,976 shares during the quarter. Freedom 100 Emerging Markets ETF makes up approximately 2.3% of High Note Wealth LLC’s holdings, making the stock its 12th biggest position. High Note Wealth LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $11,617,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Parallel Advisors LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 4.5% during the 3rd quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock valued at $246,000 after buying an additional 237 shares during the last quarter. Comerica Bank grew its stake in shares of Freedom 100 Emerging Markets ETF by 13.9% in the 3rd quarter. Comerica Bank now owns 2,734 shares of the company’s stock valued at $121,000 after buying an additional 333 shares in the last quarter. UMB Bank n.a. increased its holdings in Freedom 100 Emerging Markets ETF by 200.0% in the third quarter. UMB Bank n.a. now owns 600 shares of the company’s stock worth $27,000 after buying an additional 400 shares during the last quarter. L.K. Benson & Company P.C. increased its holdings in Freedom 100 Emerging Markets ETF by 3.3% in the third quarter. L.K. Benson & Company P.C. now owns 14,676 shares of the company’s stock worth $650,000 after buying an additional 470 shares during the last quarter. Finally, CoreCap Advisors LLC raised its position in Freedom 100 Emerging Markets ETF by 111.1% during the fourth quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock valued at $49,000 after acquiring an additional 500 shares in the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

BATS FRDM opened at $65.61 on Monday. The stock has a market capitalization of $1.94 billion, a PE ratio of 12.68 and a beta of 0.94. The company has a 50 day moving average price of $59.73 and a two-hundred day moving average price of $55.51. Freedom 100 Emerging Markets ETF has a 12-month low of $37.63 and a 12-month high of $69.66.

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.