Freedom 100 Emerging Markets ETF $FRDM Stock Position Lessened by Coyle Financial Counsel LLC

Coyle Financial Counsel LLC reduced its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 18.9% in the third quarter, Holdings Channel.com reports. The firm owned 467,795 shares of the company’s stock after selling 108,908 shares during the quarter. Freedom 100 Emerging Markets ETF makes up 6.0% of Coyle Financial Counsel LLC’s holdings, making the stock its 5th biggest holding. Coyle Financial Counsel LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $32,727,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. CoreCap Advisors LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 3rd quarter valued at about $28,000. Capital Analysts LLC purchased a new stake in Freedom 100 Emerging Markets ETF in the second quarter worth approximately $32,000. Root Financial Partners LLC purchased a new stake in Freedom 100 Emerging Markets ETF in the third quarter worth approximately $35,000. Abound Wealth Management purchased a new stake in Freedom 100 Emerging Markets ETF in the second quarter worth approximately $36,000. Finally, Assetmark Inc. grew its position in Freedom 100 Emerging Markets ETF by 231.3% during the first quarter. Assetmark Inc. now owns 719 shares of the company’s stock valued at $39,000 after acquiring an additional 502 shares during the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

Shares of BATS FRDM opened at $62.01 on Friday. The stock has a market capitalization of $1.83 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a one year low of $45.41 and a one year high of $76.90. The firm’s 50 day simple moving average is $68.57 and its two-hundred day simple moving average is $64.84.

Freedom 100 Emerging Markets ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were paid a $0.2934 dividend. This is a negative change from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. The ex-dividend date of this dividend was Monday, September 28th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 1.9%.

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.