Prism Advisors Inc. Acquires New Position in Freedom 100 Emerging Markets ETF $FRDM

Prism Advisors Inc. bought a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 18,213 shares of the company’s stock, valued at approximately $1,252,000.

Several other large investors also recently bought and sold shares of FRDM. Castleview Partners LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF in the third quarter worth $277,000. Avaii Wealth Management LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF during the third quarter valued at $716,000. Intelligence Driven Advisers LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF during the third quarter valued at $14,790,000. Longview Financial Advisors Inc. acquired a new position in shares of Freedom 100 Emerging Markets ETF in the 3rd quarter valued at $12,834,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF in the 3rd quarter valued at $192,000.

Freedom 100 Emerging Markets ETF Price Performance

Shares of FRDM stock opened at $69.18 on Friday. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The business has a fifty day moving average of $69.39 and a 200 day moving average of $67.12. Freedom 100 Emerging Markets ETF has a 1 year low of $43.77 and a 1 year high of $76.90.

Freedom 100 Emerging Markets ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were paid a $0.2934 dividend. The ex-dividend date was Monday, September 28th. This is a negative change from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. This represents a $1.17 annualized dividend and a dividend yield of 1.7%.

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.