Freedom 100 Emerging Markets ETF $FRDM Shares Bought by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC grew its holdings in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 6.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 343,724 shares of the company’s stock after buying an additional 20,332 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $25,058,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Strive Financial Group LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF during the fourth quarter worth $28,000. Clarity Asset Management Inc. acquired a new position in Freedom 100 Emerging Markets ETF during the 4th quarter worth $36,000. Abound Wealth Management purchased a new stake in Freedom 100 Emerging Markets ETF during the 2nd quarter worth about $36,000. Steward Partners Investment Advisory LLC increased its holdings in Freedom 100 Emerging Markets ETF by 207.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after purchasing an additional 483 shares during the period. Finally, Assetmark Inc. raised its position in Freedom 100 Emerging Markets ETF by 231.3% in the 1st quarter. Assetmark Inc. now owns 719 shares of the company’s stock valued at $39,000 after purchasing an additional 502 shares in the last quarter.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of FRDM opened at $72.17 on Wednesday. The stock has a 50-day simple moving average of $67.59 and a 200-day simple moving average of $65.19. The stock has a market capitalization of $2.13 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 1 year low of $42.63 and a 1 year high of $76.90.

Freedom 100 Emerging Markets ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Monday, June 29th were issued a $0.3302 dividend. This represents a $1.32 annualized dividend and a yield of 1.8%. This is a positive change from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Monday, June 29th.

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.