Sweeney & Michel LLC Purchases Shares of 70,512 Freedom 100 Emerging Markets ETF $FRDM

Sweeney & Michel LLC acquired a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the third quarter, Holdings Channel.com reports. The firm acquired 70,512 shares of the company’s stock, valued at approximately $3,095,000. Freedom 100 Emerging Markets ETF accounts for approximately 1.0% of Sweeney & Michel LLC’s investment portfolio, making the stock its 23rd biggest position.

Other large investors also recently modified their holdings of the company. First Heartland Consultants Inc. bought a new stake in shares of Freedom 100 Emerging Markets ETF in the 2nd quarter worth approximately $14,632,000. Compass Ion Advisors LLC bought a new stake in Freedom 100 Emerging Markets ETF in the third quarter worth $11,682,000. Tableaux LLC boosted its position in Freedom 100 Emerging Markets ETF by 1,140.9% during the third quarter. Tableaux LLC now owns 186,133 shares of the company’s stock valued at $8,248,000 after buying an additional 171,133 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Freedom 100 Emerging Markets ETF by 12.0% during the second 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 during the last quarter. Finally, Longview Financial Advisors Inc. increased its holdings in shares of Freedom 100 Emerging Markets ETF by 325.2% in the third quarter. Longview Financial Advisors Inc. now owns 170,828 shares of the company’s stock worth $7,569,000 after buying an additional 130,648 shares during the period.

Freedom 100 Emerging Markets ETF Stock Performance

FRDM traded up $0.95 on Friday, hitting $55.74. 53,427 shares of the company were exchanged, compared to its average volume of 602,111. The stock has a market capitalization of $1.64 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12 month low of $30.68 and a 12 month high of $63.72. The firm has a fifty day simple moving average of $57.90 and a two-hundred day simple moving average of $50.50.

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.