Valmark Advisers Inc. Makes New Investment in Freedom 100 Emerging Markets ETF $FRDM

Valmark Advisers Inc. acquired a new stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 40,023 shares of the company’s stock, valued at approximately $2,187,000. Valmark Advisers Inc. owned 0.14% of Freedom 100 Emerging Markets ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of FRDM. Parallel Advisors LLC increased its stake in shares of Freedom 100 Emerging Markets ETF by 4.5% in the 3rd quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock worth $246,000 after acquiring an additional 237 shares in the last quarter. 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 acquiring an additional 333 shares during the period. IFP Advisors Inc boosted its stake in Freedom 100 Emerging Markets ETF by 1.2% during the fourth quarter. IFP Advisors Inc now owns 28,217 shares of the company’s stock worth $1,447,000 after acquiring an additional 344 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Freedom 100 Emerging Markets ETF by 207.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after acquiring an additional 483 shares in the last quarter. Finally, CoreCap Advisors LLC grew its holdings in Freedom 100 Emerging Markets ETF by 111.1% in the fourth quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock worth $49,000 after purchasing an additional 500 shares during the period.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of BATS FRDM opened at $69.76 on Monday. Freedom 100 Emerging Markets ETF has a fifty-two week low of $39.92 and a fifty-two week high of $76.90. The company has a 50 day simple moving average of $70.09 and a two-hundred day simple moving average of $61.88. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94.

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.