Lane Brothers & Co. Inc. Buys New Shares in Freedom 100 Emerging Markets ETF $FRDM

Lane Brothers & Co. Inc. purchased a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,019 shares of the company’s stock, valued at approximately $565,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its position in shares of Freedom 100 Emerging Markets ETF by 4.5% during the 3rd quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock valued at $246,000 after acquiring an additional 237 shares during the last quarter. Comerica Bank grew its holdings in shares of Freedom 100 Emerging Markets ETF by 13.9% in the 3rd quarter. Comerica Bank now owns 2,734 shares of the company’s stock worth $121,000 after acquiring an additional 333 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Freedom 100 Emerging Markets ETF by 1.2% in the 4th quarter. IFP Advisors Inc now owns 28,217 shares of the company’s stock worth $1,447,000 after acquiring an additional 344 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of Freedom 100 Emerging Markets ETF by 207.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after acquiring an additional 483 shares during the last quarter. Finally, CoreCap Advisors LLC raised its position in shares of Freedom 100 Emerging Markets ETF by 111.1% during 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 Price Performance

Shares of BATS FRDM opened at $76.09 on Friday. Freedom 100 Emerging Markets ETF has a 12 month low of $38.02 and a 12 month high of $76.31. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The business has a fifty day simple moving average of $67.37 and a 200-day simple moving average of $59.51.

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.