Beaumont Financial Advisors LLC Grows Stake in Freedom 100 Emerging Markets ETF $FRDM

Beaumont Financial Advisors LLC raised its position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 21.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 267,947 shares of the company’s stock after purchasing an additional 47,872 shares during the period. Beaumont Financial Advisors LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $11,873,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in FRDM. Retirement Planning Group LLC increased its stake in shares of Freedom 100 Emerging Markets ETF by 1.2% during the second quarter. Retirement Planning Group LLC now owns 2,386,771 shares of the company’s stock valued at $96,426,000 after buying an additional 28,261 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Freedom 100 Emerging Markets ETF by 12.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,438,388 shares of the company’s stock worth $58,111,000 after acquiring an additional 154,256 shares during the period. Ellevest Inc. grew its holdings in Freedom 100 Emerging Markets ETF by 458.6% during the 2nd quarter. Ellevest Inc. now owns 1,140,983 shares of the company’s stock worth $46,096,000 after acquiring an additional 936,741 shares in the last quarter. Tanglewood Wealth Management Inc. increased its position in Freedom 100 Emerging Markets ETF by 48.6% during the 2nd quarter. Tanglewood Wealth Management Inc. now owns 1,107,772 shares of the company’s stock valued at $44,754,000 after purchasing an additional 362,189 shares during the period. Finally, Willis Johnson & Associates Inc. increased its position in Freedom 100 Emerging Markets ETF by 4.4% during the 2nd quarter. Willis Johnson & Associates Inc. now owns 982,672 shares of the company’s stock valued at $39,700,000 after purchasing an additional 41,258 shares during the period.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of FRDM opened at $53.98 on Friday. The company has a 50 day moving average price of $49.25 and a 200-day moving average price of $45.02. Freedom 100 Emerging Markets ETF has a fifty-two week low of $30.68 and a fifty-two week high of $41.38. The stock has a market capitalization of $1.59 billion, a PE ratio of 12.68 and a beta of 0.94.

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.