Redhawk Wealth Advisors Inc. Takes Position in Freedom 100 Emerging Markets ETF $FRDM

Redhawk Wealth Advisors Inc. purchased a new stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 90,600 shares of the company’s stock, valued at approximately $4,645,000. Redhawk Wealth Advisors Inc. owned 0.31% of Freedom 100 Emerging Markets ETF as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Parallel Advisors LLC increased its position in Freedom 100 Emerging Markets ETF by 4.5% in the third quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock worth $246,000 after purchasing an additional 237 shares during the period. Warren Street Wealth Advisors LLC lifted its position in Freedom 100 Emerging Markets ETF by 4.2% during the 3rd quarter. Warren Street Wealth Advisors LLC now owns 6,070 shares of the company’s stock valued at $269,000 after purchasing an additional 242 shares during the period. Comerica Bank lifted its position in Freedom 100 Emerging Markets ETF by 13.9% during the 3rd quarter. Comerica Bank now owns 2,734 shares of the company’s stock valued at $121,000 after purchasing an additional 333 shares during the period. UMB Bank n.a. boosted its stake in shares of Freedom 100 Emerging Markets ETF by 200.0% in the 3rd quarter. UMB Bank n.a. now owns 600 shares of the company’s stock valued at $27,000 after purchasing an additional 400 shares during the last quarter. Finally, L.K. Benson & Company P.C. boosted its stake in shares of Freedom 100 Emerging Markets ETF by 3.3% in the 3rd quarter. L.K. Benson & Company P.C. now owns 14,676 shares of the company’s stock valued at $650,000 after purchasing an additional 470 shares during the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

Shares of BATS:FRDM opened at $53.47 on Friday. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The company has a 50 day moving average of $58.09 and a 200-day moving average of $51.57. Freedom 100 Emerging Markets ETF has a one year low of $30.68 and a one year high of $63.72.

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.