Quarry Hill Advisors LLC Makes New $8.07 Million Investment in Freedom 100 Emerging Markets ETF $FRDM

Quarry Hill Advisors LLC bought a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 115,376 shares of the company’s stock, valued at approximately $8,072,000. Freedom 100 Emerging Markets ETF comprises about 3.0% of Quarry Hill Advisors LLC’s holdings, making the stock its 8th largest position. Quarry Hill Advisors LLC owned about 0.39% of Freedom 100 Emerging Markets ETF at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Angeles Wealth Management LLC boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 52.0% in the 2nd quarter. Angeles Wealth Management LLC now owns 44,475 shares of the company’s stock worth $3,257,000 after purchasing an additional 15,218 shares during the period. VectorGlobal IAG Inc. purchased a new position in Freedom 100 Emerging Markets ETF during the first quarter worth $1,898,000. Stillwater Private Wealth LLC purchased a new position in Freedom 100 Emerging Markets ETF during the first quarter worth $1,081,000. Integrated Wealth Concepts LLC increased its position in Freedom 100 Emerging Markets ETF by 6.3% during the second quarter. Integrated Wealth Concepts LLC now owns 343,724 shares of the company’s stock valued at $25,058,000 after acquiring an additional 20,332 shares during the last quarter. Finally, Retirement Planning Group LLC increased its position in Freedom 100 Emerging Markets ETF by 5.5% during the first quarter. Retirement Planning Group LLC now owns 2,549,629 shares of the company’s stock valued at $139,337,000 after acquiring an additional 133,481 shares during the last quarter.

Freedom 100 Emerging Markets ETF Trading Down 1.2%

Shares of BATS:FRDM opened at $60.97 on Wednesday. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 10.45 and a beta of 1.10. Freedom 100 Emerging Markets ETF has a 12 month low of $45.41 and a 12 month high of $76.90. The firm’s 50-day moving average is $67.45 and its 200 day moving average is $65.02.

Freedom 100 Emerging Markets ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given 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 of this dividend was Monday, September 28th. This represents a $1.17 dividend on an annualized basis and a yield of 1.9%.

Freedom 100 Emerging Markets ETF Company 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.