Freedom 100 Emerging Markets ETF $FRDM Position Lifted by Harbour Wealth Management Group Inc.

Harbour Wealth Management Group Inc. raised its holdings in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 76.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,166 shares of the company’s stock after buying an additional 43,321 shares during the period. Freedom 100 Emerging Markets ETF comprises 4.1% of Harbour Wealth Management Group Inc.’s investment portfolio, making the stock its 5th largest position. Harbour Wealth Management Group Inc. owned 0.34% of Freedom 100 Emerging Markets ETF worth $5,474,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Mainstay Capital Management LLC ADV purchased a new position in shares of Freedom 100 Emerging Markets ETF in the 4th quarter valued at $85,418,000. First Heartland Consultants Inc. purchased a new stake in Freedom 100 Emerging Markets ETF during the 2nd quarter worth $14,632,000. Raymond James Financial Inc. boosted its position in Freedom 100 Emerging Markets ETF by 63.8% during the 3rd quarter. Raymond James Financial Inc. now owns 743,977 shares of the company’s stock worth $32,966,000 after purchasing an additional 289,860 shares during the period. Enzi Wealth purchased a new stake in Freedom 100 Emerging Markets ETF during the 4th quarter worth $15,004,000. Finally, Jane Street Group LLC acquired a new stake in Freedom 100 Emerging Markets ETF in the 4th quarter valued at $12,818,000.

Freedom 100 Emerging Markets ETF Price Performance

BATS:FRDM opened at $76.19 on Tuesday. The business’s 50-day moving average is $67.70 and its two-hundred day moving average is $59.79. Freedom 100 Emerging Markets ETF has a 12 month low of $38.02 and a 12 month high of $76.90. The firm has a market capitalization of $2.25 billion, a PE ratio of 12.68 and a beta of 0.94.

Freedom 100 Emerging Markets ETF 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.