Freedom 100 Emerging Markets ETF $FRDM Stock Holdings Lowered by Investment Planning Advisors Inc.

Investment Planning Advisors Inc. lowered its holdings in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 15.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 470,311 shares of the company’s stock after selling 88,713 shares during the quarter. Freedom 100 Emerging Markets ETF accounts for 7.1% of Investment Planning Advisors Inc.’s holdings, making the stock its 5th biggest position. Investment Planning Advisors Inc.’s holdings in Freedom 100 Emerging Markets ETF were worth $25,703,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. First Pacific Financial acquired a new position in Freedom 100 Emerging Markets ETF during the fourth quarter valued at $27,000. Strive Financial Group LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 4th quarter valued at about $28,000. Clarity Asset Management Inc. purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 4th quarter valued at about $36,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 207.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock valued at $37,000 after buying an additional 483 shares during the period. Finally, CoreCap Advisors LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 111.1% in the 4th quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock valued at $49,000 after buying an additional 500 shares during the period.

Freedom 100 Emerging Markets ETF Stock Down 0.6%

Shares of FRDM opened at $71.68 on Tuesday. Freedom 100 Emerging Markets ETF has a 52 week low of $39.92 and a 52 week high of $76.90. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The stock’s 50-day moving average price is $68.80 and its 200-day moving average price is $60.60.

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.