Mainstay Capital Management LLC ADV Buys Shares of 1,666,042 Freedom 100 Emerging Markets ETF $FRDM

Mainstay Capital Management LLC ADV bought a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,666,042 shares of the company’s stock, valued at approximately $85,418,000. Freedom 100 Emerging Markets ETF comprises approximately 6.5% of Mainstay Capital Management LLC ADV’s investment portfolio, making the stock its 7th biggest position. Mainstay Capital Management LLC ADV owned 5.65% of Freedom 100 Emerging Markets ETF as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Retirement Planning Group LLC raised its position in Freedom 100 Emerging Markets ETF by 0.6% in the third quarter. Retirement Planning Group LLC now owns 2,400,679 shares of the company’s stock valued at $106,374,000 after purchasing an additional 13,908 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Freedom 100 Emerging Markets ETF by 1.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,460,336 shares of the company’s stock valued at $64,707,000 after purchasing an additional 21,948 shares during the last quarter. Tanglewood Wealth Management Inc. raised its position in Freedom 100 Emerging Markets ETF by 0.7% in the third quarter. Tanglewood Wealth Management Inc. now owns 1,116,031 shares of the company’s stock valued at $49,451,000 after purchasing an additional 8,259 shares during the last quarter. Willis Johnson & Associates Inc. raised its position in Freedom 100 Emerging Markets ETF by 0.5% in the fourth quarter. Willis Johnson & Associates Inc. now owns 1,010,657 shares of the company’s stock valued at $51,816,000 after purchasing an additional 5,408 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in Freedom 100 Emerging Markets ETF by 63.8% in the third quarter. Raymond James Financial Inc. now owns 743,977 shares of the company’s stock valued at $32,966,000 after purchasing an additional 289,860 shares during the last quarter.

Freedom 100 Emerging Markets ETF Trading Up 2.5%

Freedom 100 Emerging Markets ETF stock opened at $63.27 on Friday. The company has a market capitalization of $1.87 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12 month low of $34.31 and a 12 month high of $63.73. The stock has a 50-day moving average price of $58.18 and a two-hundred day moving average price of $53.03.

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.