Portfolio Resources Advisor Group Inc. Acquires New Stake in Freedom 100 Emerging Markets ETF $FRDM

Portfolio Resources Advisor Group Inc. acquired a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDMFree Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 22,852 shares of the company’s stock, valued at approximately $1,172,000. Freedom 100 Emerging Markets ETF makes up about 1.2% of Portfolio Resources Advisor Group Inc.’s portfolio, making the stock its 22nd biggest holding.

Several other institutional investors have also added to or reduced their stakes in FRDM. Mainstay Capital Management LLC ADV bought a new stake in Freedom 100 Emerging Markets ETF in the 4th quarter valued at $85,418,000. First Heartland Consultants Inc. bought a new stake in Freedom 100 Emerging Markets ETF in the 2nd quarter valued at $14,632,000. Raymond James Financial Inc. lifted its position in Freedom 100 Emerging Markets ETF by 63.8% in the 3rd quarter. Raymond James Financial Inc. now owns 743,977 shares of the company’s stock valued at $32,966,000 after acquiring an additional 289,860 shares in the last quarter. Enzi Wealth bought a new stake in Freedom 100 Emerging Markets ETF in the 4th quarter valued at $15,004,000. Finally, Jane Street Group LLC bought a new stake in Freedom 100 Emerging Markets ETF in the 4th quarter valued at $12,818,000.

Freedom 100 Emerging Markets ETF Stock Performance

FRDM opened at $71.54 on Monday. The stock has a market capitalization of $2.11 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12 month low of $38.02 and a 12 month high of $74.86. The firm’s fifty day simple moving average is $65.55 and its 200 day simple moving average is $58.65.

About Freedom 100 Emerging Markets ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Freedom 100 Emerging Markets ETF (BATS:FRDM)

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