Foundations Investment Advisors LLC Increases Stake in Freedom 100 Emerging Markets ETF $FRDM

Foundations Investment Advisors LLC boosted its stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 9.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 99,579 shares of the company’s stock after acquiring an additional 8,398 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $5,105,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Parallel Advisors LLC raised its position in Freedom 100 Emerging Markets ETF by 4.5% during the third quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock valued at $246,000 after acquiring an additional 237 shares in the last quarter. Comerica Bank raised its position in Freedom 100 Emerging Markets ETF by 13.9% during the third quarter. Comerica Bank now owns 2,734 shares of the company’s stock valued at $121,000 after acquiring an additional 333 shares in the last quarter. IFP Advisors Inc raised its position in Freedom 100 Emerging Markets ETF by 1.2% during the fourth quarter. IFP Advisors Inc now owns 28,217 shares of the company’s stock valued at $1,447,000 after acquiring an additional 344 shares in the last quarter. UMB Bank n.a. raised its position in Freedom 100 Emerging Markets ETF by 200.0% during the third quarter. UMB Bank n.a. now owns 600 shares of the company’s stock valued at $27,000 after acquiring an additional 400 shares in the last quarter. Finally, L.K. Benson & Company P.C. raised its position in Freedom 100 Emerging Markets ETF by 3.3% during the third quarter. L.K. Benson & Company P.C. now owns 14,676 shares of the company’s stock valued at $650,000 after acquiring an additional 470 shares in the last quarter.

Freedom 100 Emerging Markets ETF Trading Up 0.8%

Shares of FRDM stock opened at $72.80 on Friday. The stock has a 50 day moving average of $61.95 and a 200 day moving average of $56.81. The stock has a market cap of $2.15 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a twelve month low of $37.63 and a twelve month high of $73.10.

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.