Ameritas Investment Partners Inc. Increases Stock Holdings in Freedom 100 Emerging Markets ETF $FRDM

Ameritas Investment Partners Inc. increased its holdings in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 8.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 119,899 shares of the company’s stock after purchasing an additional 9,358 shares during the period. Ameritas Investment Partners Inc.’s holdings in Freedom 100 Emerging Markets ETF were worth $6,147,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mainstay Capital Management LLC ADV acquired a new stake in Freedom 100 Emerging Markets ETF during the 4th quarter worth about $85,418,000. First Heartland Consultants Inc. acquired a new stake in Freedom 100 Emerging Markets ETF during the 2nd quarter worth about $14,632,000. Raymond James Financial Inc. lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 63.8% in the 3rd quarter. Raymond James Financial Inc. now owns 743,977 shares of the company’s stock valued at $32,966,000 after buying an additional 289,860 shares during the period. Enzi Wealth acquired a new position in shares of Freedom 100 Emerging Markets ETF in the 4th quarter valued at about $15,004,000. Finally, Pearl Planning LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF in the 4th quarter valued at about $9,405,000.

Freedom 100 Emerging Markets ETF Stock Down 2.9%

Shares of FRDM stock opened at $67.17 on Thursday. The stock has a market cap of $1.98 billion, a PE ratio of 12.68 and a beta of 0.94. The business has a 50-day simple moving average of $64.90 and a 200-day simple moving average of $58.30. Freedom 100 Emerging Markets ETF has a 52-week low of $38.02 and a 52-week high of $74.86.

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.