10,076 Shares of Freedom 100 Emerging Markets ETF $FRDM Purchased by Avaii Wealth Management LLC

Avaii Wealth Management LLC acquired a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,076 shares of the company’s stock, valued at approximately $716,000.

Other institutional investors have also recently made changes to their positions in the company. XY Planning Network Inc. increased its position in shares of Freedom 100 Emerging Markets ETF by 1.8% during the second quarter. XY Planning Network Inc. now owns 9,441 shares of the company’s stock worth $688,000 after acquiring an additional 168 shares during the period. Lord & Richards Wealth Management LLC boosted its holdings in Freedom 100 Emerging Markets ETF by 0.9% in the second quarter. Lord & Richards Wealth Management LLC now owns 35,078 shares of the company’s stock valued at $2,557,000 after purchasing an additional 311 shares during the period. Western Wealth Management LLC boosted its stake in shares of Freedom 100 Emerging Markets ETF by 3.7% in the 1st quarter. Western Wealth Management LLC now owns 10,325 shares of the company’s stock valued at $564,000 after buying an additional 370 shares during the period. CoreCap Advisors LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF in the 3rd quarter valued at about $28,000. Finally, Capital Analysts LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF during the second quarter worth about $32,000.

Freedom 100 Emerging Markets ETF Price Performance

Shares of FRDM stock traded up $0.42 during trading hours on Friday, reaching $69.18. 312,927 shares of the stock were exchanged, compared to its average volume of 400,061. The business’s fifty day moving average is $69.30 and its two-hundred day moving average is $67.11. Freedom 100 Emerging Markets ETF has a 12-month low of $43.77 and a 12-month high of $76.90. The firm has a market capitalization of $2.04 billion, a P/E ratio of 12.68 and a beta of 0.94.

Freedom 100 Emerging Markets ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a dividend of $0.2934 per share. This is a drop from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. The ex-dividend date was Monday, September 28th. This represents a $1.17 annualized dividend and a yield of 1.7%.

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.