Signal Advisors Wealth LLC Has $4.97 Million Stock Position in Freedom 100 Emerging Markets ETF $FRDM

Signal Advisors Wealth LLC boosted its holdings in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 30.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 112,046 shares of the company’s stock after purchasing an additional 26,247 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $4,965,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. 1620 Investment Advisors Inc. grew its position in shares of Freedom 100 Emerging Markets ETF by 1.8% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 63,700 shares of the company’s stock worth $2,823,000 after buying an additional 1,126 shares during the period. Fortitude Financial LLC bought a new position in Freedom 100 Emerging Markets ETF during the second quarter worth $5,088,000. Advisory Services Network LLC grew its holdings in Freedom 100 Emerging Markets ETF by 21.6% in the second quarter. Advisory Services Network LLC now owns 47,054 shares of the company’s stock worth $1,896,000 after purchasing an additional 8,343 shares during the period. Geneos Wealth Management Inc. grew its holdings in Freedom 100 Emerging Markets ETF by 402.4% in the second quarter. Geneos Wealth Management Inc. now owns 89,981 shares of the company’s stock worth $3,635,000 after purchasing an additional 72,072 shares during the period. Finally, First Heartland Consultants Inc. bought a new stake in Freedom 100 Emerging Markets ETF in the second quarter valued at $14,632,000.

Freedom 100 Emerging Markets ETF Trading Up 50.7%

Shares of BATS FRDM opened at $49.72 on Friday. The firm’s 50-day moving average price is $47.80 and its 200-day moving average price is $43.77. Freedom 100 Emerging Markets ETF has a 1-year low of $30.68 and a 1-year high of $41.38. The firm has a market capitalization of $1.47 billion, a P/E 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.