Investment Planning Advisors Inc. Boosts Stake in Freedom 100 Emerging Markets ETF $FRDM

Investment Planning Advisors Inc. increased its holdings in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 21.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 504,048 shares of the company’s stock after buying an additional 88,041 shares during the quarter. Freedom 100 Emerging Markets ETF comprises approximately 7.0% of Investment Planning Advisors Inc.’s portfolio, making the stock its 4th largest holding. Investment Planning Advisors Inc.’s holdings in Freedom 100 Emerging Markets ETF were worth $22,334,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FRDM. Retirement Planning Group LLC grew its stake in shares of Freedom 100 Emerging Markets ETF by 1.2% in the 2nd quarter. Retirement Planning Group LLC now owns 2,386,771 shares of the company’s stock valued at $96,426,000 after purchasing an additional 28,261 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Freedom 100 Emerging Markets ETF by 12.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,438,388 shares of the company’s stock valued at $58,111,000 after buying an additional 154,256 shares in the last quarter. Ellevest Inc. boosted its stake in Freedom 100 Emerging Markets ETF by 458.6% in the 2nd quarter. Ellevest Inc. now owns 1,140,983 shares of the company’s stock valued at $46,096,000 after buying an additional 936,741 shares in the last quarter. Tanglewood Wealth Management Inc. grew its position in Freedom 100 Emerging Markets ETF by 48.6% in the second quarter. Tanglewood Wealth Management Inc. now owns 1,107,772 shares of the company’s stock valued at $44,754,000 after acquiring an additional 362,189 shares during the period. Finally, Willis Johnson & Associates Inc. raised its stake in Freedom 100 Emerging Markets ETF by 4.4% during the second quarter. Willis Johnson & Associates Inc. now owns 982,672 shares of the company’s stock worth $39,700,000 after acquiring an additional 41,258 shares in the last quarter.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of BATS:FRDM opened at $51.29 on Friday. Freedom 100 Emerging Markets ETF has a 52 week low of $30.68 and a 52 week high of $41.38. The company’s fifty day moving average is $48.66 and its 200-day moving average is $44.51. The company has a market capitalization of $1.51 billion, a PE 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.