Freedom 100 Emerging Markets ETF (BATS:FRDM) Hits New 12-Month High – What’s Next?

Freedom 100 Emerging Markets ETF (BATS:FRDM)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $63.73 and last traded at $63.49, with a volume of 115413 shares changing hands. The stock had previously closed at $61.73.

Freedom 100 Emerging Markets ETF Trading Up 2.5%

The firm’s fifty day moving average price is $58.18 and its 200 day moving average price is $53.03. The firm has a market capitalization of $1.87 billion, a PE ratio of 12.68 and a beta of 0.94.

Institutional Trading of Freedom 100 Emerging Markets ETF

Institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC increased its position in Freedom 100 Emerging Markets ETF by 4.5% in the 3rd quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock worth $246,000 after purchasing an additional 237 shares during the last quarter. Warren Street Wealth Advisors LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 4.2% during the 3rd quarter. Warren Street Wealth Advisors LLC now owns 6,070 shares of the company’s stock valued at $269,000 after buying an additional 242 shares during the last quarter. Comerica Bank lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 13.9% during the 3rd quarter. Comerica Bank now owns 2,734 shares of the company’s stock valued at $121,000 after buying an additional 333 shares during the last quarter. IFP Advisors Inc grew its stake in shares of Freedom 100 Emerging Markets ETF by 1.2% in the 4th quarter. IFP Advisors Inc now owns 28,217 shares of the company’s stock valued at $1,447,000 after buying an additional 344 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in shares of Freedom 100 Emerging Markets ETF by 200.0% in the 3rd quarter. UMB Bank n.a. now owns 600 shares of the company’s stock valued at $27,000 after buying an additional 400 shares in the last quarter.

About Freedom 100 Emerging Markets ETF

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.