Avid Wealth Partners LLC Raises Stake in Freedom 100 Emerging Markets ETF $FRDM

Avid Wealth Partners LLC increased its stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 60.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,208 shares of the company’s stock after purchasing an additional 37,487 shares during the quarter. Freedom 100 Emerging Markets ETF accounts for 2.6% of Avid Wealth Partners LLC’s investment portfolio, making the stock its 13th largest position. Avid Wealth Partners LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $5,422,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FRDM. First Pacific Financial purchased a new stake in Freedom 100 Emerging Markets ETF during the fourth quarter worth about $27,000. Strive Financial Group LLC acquired a new position in Freedom 100 Emerging Markets ETF during the fourth quarter worth about $28,000. Clarity Asset Management Inc. purchased a new position in Freedom 100 Emerging Markets ETF in the fourth quarter valued at about $36,000. Steward Partners Investment Advisory LLC increased its holdings in Freedom 100 Emerging Markets ETF by 207.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock valued at $37,000 after buying an additional 483 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its position in shares of Freedom 100 Emerging Markets ETF by 111.1% during the 4th quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock valued at $49,000 after acquiring an additional 500 shares during the period.

Freedom 100 Emerging Markets ETF Price Performance

Shares of BATS:FRDM opened at $69.76 on Friday. The business’s 50 day simple moving average is $70.09 and its 200-day simple moving average is $61.80. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12 month low of $39.92 and a 12 month high of $76.90.

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.