HighTower Advisors LLC Sells 9,107 Shares of Freedom 100 Emerging Markets ETF $FRDM

HighTower Advisors LLC lessened its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 418,448 shares of the company’s stock after selling 9,107 shares during the period. HighTower Advisors LLC owned 1.42% of Freedom 100 Emerging Markets ETF worth $21,454,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Coyle Financial Counsel LLC grew its holdings in Freedom 100 Emerging Markets ETF by 6.4% in the 3rd quarter. Coyle Financial Counsel LLC now owns 556,660 shares of the company’s stock worth $24,666,000 after acquiring an additional 33,573 shares during the last quarter. Ameritas Investment Partners Inc. grew its holdings in Freedom 100 Emerging Markets ETF by 16.5% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 110,541 shares of the company’s stock worth $4,898,000 after acquiring an additional 15,657 shares during the last quarter. First Heartland Consultants Inc. grew its holdings in Freedom 100 Emerging Markets ETF by 5.8% in the 3rd quarter. First Heartland Consultants Inc. now owns 383,023 shares of the company’s stock worth $16,972,000 after acquiring an additional 20,841 shares during the last quarter. Fermata Advisors LLC bought a new stake in Freedom 100 Emerging Markets ETF in the 4th quarter worth $500,000. Finally, Enzi Wealth bought a new stake in Freedom 100 Emerging Markets ETF in the 4th quarter worth $15,004,000.

Freedom 100 Emerging Markets ETF Trading Down 0.7%

BATS:FRDM opened at $67.52 on Friday. The company has a 50-day moving average price of $60.73 and a 200-day moving average price of $56.10. Freedom 100 Emerging Markets ETF has a 12 month low of $37.63 and a 12 month high of $69.66. The stock has a market cap of $1.99 billion, a price-to-earnings 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.