Geneos Wealth Management Inc. Acquires 72,072 Shares of Freedom 100 Emerging Markets ETF $FRDM

Geneos Wealth Management Inc. increased its stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 402.4% during the 2nd quarter, Holdings Channel reports. The firm owned 89,981 shares of the company’s stock after purchasing an additional 72,072 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Freedom 100 Emerging Markets ETF were worth $3,635,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FRDM. First Heartland Consultants Inc. bought a new stake in shares of Freedom 100 Emerging Markets ETF in the 2nd quarter worth approximately $14,632,000. Captrust Financial Advisors boosted its holdings in Freedom 100 Emerging Markets ETF by 38.0% in the second quarter. Captrust Financial Advisors now owns 20,746 shares of the company’s stock valued at $838,000 after acquiring an additional 5,710 shares in the last quarter. Tidal Investments LLC boosted its stake in shares of Freedom 100 Emerging Markets ETF by 5.3% during the 2nd quarter. Tidal Investments LLC now owns 60,830 shares of the company’s stock valued at $2,458,000 after purchasing an additional 3,054 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of Freedom 100 Emerging Markets ETF by 275.4% during the 2nd quarter. MML Investors Services LLC now owns 55,313 shares of the company’s stock worth $2,235,000 after acquiring an additional 40,580 shares during the period. Finally, Jane Street Group LLC purchased a new stake in Freedom 100 Emerging Markets ETF in the second quarter worth $1,872,000.

Freedom 100 Emerging Markets ETF Price Performance

Shares of BATS FRDM opened at $49.43 on Tuesday. The firm has a 50-day moving average of $47.46 and a 200 day moving average of $43.54. Freedom 100 Emerging Markets ETF has a 1 year low of $30.68 and a 1 year high of $41.38. The stock has a market cap of $1.46 billion, a P/E ratio of 12.68 and a beta of 0.94.

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.