Janney Montgomery Scott LLC Has $24.06 Million Stock Position in Freedom 100 Emerging Markets ETF $FRDM

Janney Montgomery Scott LLC increased its stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 4.6% during the first quarter, HoldingsChannel reports. The firm owned 440,218 shares of the company’s stock after acquiring an additional 19,205 shares during the period. Janney Montgomery Scott LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $24,058,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FRDM. Mainstay Capital Management LLC ADV purchased a new stake in Freedom 100 Emerging Markets ETF during the fourth quarter valued at about $85,418,000. First Heartland Consultants Inc. acquired a new position in shares of Freedom 100 Emerging Markets ETF in the second quarter worth about $14,632,000. Raymond James Financial Inc. increased its position in shares of Freedom 100 Emerging Markets ETF by 63.8% in the third quarter. Raymond James Financial Inc. now owns 743,977 shares of the company’s stock worth $32,966,000 after acquiring an additional 289,860 shares in the last quarter. Enzi Wealth purchased a new position in shares of Freedom 100 Emerging Markets ETF in the fourth quarter worth approximately $15,004,000. Finally, Jane Street Group LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF during the fourth quarter valued at approximately $12,818,000.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of BATS:FRDM opened at $71.68 on Tuesday. The company has a market cap of $2.11 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 52 week low of $39.92 and a 52 week high of $76.90. The firm has a 50 day simple moving average of $68.80 and a 200 day simple moving average of $60.60.

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.