Brookstone Capital Management Grows Stock Holdings in Freedom 100 Emerging Markets ETF $FRDM

Brookstone Capital Management lifted its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 583.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 31,118 shares of the company’s stock after buying an additional 26,562 shares during the quarter. Brookstone Capital Management’s holdings in Freedom 100 Emerging Markets ETF were worth $1,595,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Creative Planning grew its position in Freedom 100 Emerging Markets ETF by 28.1% in the 2nd quarter. Creative Planning now owns 13,532 shares of the company’s stock valued at $547,000 after acquiring an additional 2,968 shares in the last quarter. L2 Asset Management LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF in the second quarter valued at approximately $356,000. NewEdge Advisors LLC grew its holdings in shares of Freedom 100 Emerging Markets ETF by 3.2% in the second quarter. NewEdge Advisors LLC now owns 28,306 shares of the company’s stock valued at $1,144,000 after purchasing an additional 885 shares in the last quarter. Raymond James Financial Inc. increased its stake in Freedom 100 Emerging Markets ETF by 16.5% during the 2nd quarter. Raymond James Financial Inc. now owns 454,117 shares of the company’s stock worth $18,346,000 after buying an additional 64,359 shares during the period. Finally, Jane Street Group LLC purchased a new stake in Freedom 100 Emerging Markets ETF during the 2nd quarter worth approximately $1,872,000.

Freedom 100 Emerging Markets ETF Price Performance

Shares of FRDM stock opened at $55.13 on Friday. Freedom 100 Emerging Markets ETF has a 52 week low of $30.68 and a 52 week high of $63.72. The stock has a market capitalization of $1.63 billion, a PE ratio of 12.68 and a beta of 0.94. The firm has a 50 day moving average of $57.92 and a two-hundred day moving average of $51.89.

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.