Freedom 100 Emerging Markets ETF $FRDM Shares Purchased by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC boosted its stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 0.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 259,753 shares of the company’s stock after buying an additional 2,173 shares during the period. Freedom 100 Emerging Markets ETF comprises 2.0% of Commonwealth Financial Services LLC’s portfolio, making the stock its 11th largest position. Commonwealth Financial Services LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $10,494,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. HB Wealth Management LLC acquired a new stake in Freedom 100 Emerging Markets ETF in the second quarter valued at $214,000. XY Planning Network Inc. acquired a new stake in shares of Freedom 100 Emerging Markets ETF during the second quarter worth $356,000. Bank of New York Mellon Corp acquired a new stake in shares of Freedom 100 Emerging Markets ETF during the first quarter worth $225,000. Investment Planning Advisors Inc. raised its holdings in shares of Freedom 100 Emerging Markets ETF by 107.5% during the second quarter. Investment Planning Advisors Inc. now owns 416,007 shares of the company’s stock worth $16,807,000 after purchasing an additional 215,534 shares during the period. Finally, Beaumont Financial Advisors LLC raised its holdings in shares of Freedom 100 Emerging Markets ETF by 14.2% during the second quarter. Beaumont Financial Advisors LLC now owns 220,075 shares of the company’s stock worth $8,891,000 after purchasing an additional 27,369 shares during the period.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of BATS:FRDM opened at $43.88 on Friday. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 1-year low of $30.68 and a 1-year high of $41.38. The company’s fifty day moving average is $43.09 and its two-hundred day moving average is $39.68.

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.