Kathmere Capital Management LLC Decreases Stake in Freedom 100 Emerging Markets ETF $FRDM

Kathmere Capital Management LLC cut its position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 507,176 shares of the company’s stock after selling 10,914 shares during the period. Freedom 100 Emerging Markets ETF makes up about 1.8% of Kathmere Capital Management LLC’s portfolio, making the stock its 15th biggest holding. Kathmere Capital Management LLC owned about 1.72% of Freedom 100 Emerging Markets ETF worth $26,003,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FRDM. UMB Bank n.a. raised its holdings in shares of Freedom 100 Emerging Markets ETF by 200.0% during the 3rd quarter. UMB Bank n.a. now owns 600 shares of the company’s stock worth $27,000 after acquiring an additional 400 shares in the last quarter. GoalVest Advisory LLC bought a new position in shares of Freedom 100 Emerging Markets ETF during the 3rd quarter valued at approximately $53,000. JPL Wealth Management LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF in the third quarter valued at $96,000. Comerica Bank grew its holdings in shares of Freedom 100 Emerging Markets ETF by 13.9% in the third quarter. Comerica Bank now owns 2,734 shares of the company’s stock valued at $121,000 after purchasing an additional 333 shares in the last quarter. Finally, Root Financial Partners LLC bought a new stake in Freedom 100 Emerging Markets ETF in the third quarter worth $138,000.

Freedom 100 Emerging Markets ETF Stock Down 3.8%

Freedom 100 Emerging Markets ETF stock opened at $53.62 on Friday. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The firm’s fifty day moving average is $58.13 and its 200 day moving average is $51.44. Freedom 100 Emerging Markets ETF has a 52-week low of $30.68 and a 52-week high of $63.72.

Freedom 100 Emerging Markets ETF Company 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.