Kensington Asset Management LLC Buys Shares of 8,116 Freedom 100 Emerging Markets ETF $FRDM

Kensington Asset Management LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 8,116 shares of the company’s stock, valued at approximately $444,000.

Other large investors also recently modified their holdings of the company. First Pacific Financial purchased a new position in Freedom 100 Emerging Markets ETF during the fourth quarter valued at approximately $27,000. Strive Financial Group LLC bought a new position in Freedom 100 Emerging Markets ETF in the 4th quarter valued at $28,000. Clarity Asset Management Inc. purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 4th quarter valued at $36,000. Steward Partners Investment Advisory LLC increased its holdings in shares of Freedom 100 Emerging Markets ETF by 207.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after purchasing an additional 483 shares during the period. Finally, Assetmark Inc. increased its holdings in shares of Freedom 100 Emerging Markets ETF by 231.3% in the first quarter. Assetmark Inc. now owns 719 shares of the company’s stock worth $39,000 after purchasing an additional 502 shares during the period.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of FRDM stock opened at $65.11 on Friday. The company has a market capitalization of $1.92 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 52-week low of $39.97 and a 52-week high of $76.90. The business’s fifty day moving average is $69.64 and its 200 day moving average is $63.19.

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.