Valeo Financial Advisors LLC Acquires 10,489 Shares of Freedom 100 Emerging Markets ETF $FRDM

Valeo Financial Advisors LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,489 shares of the company’s stock, valued at approximately $734,000.

Other institutional investors have also added to or reduced their stakes in the company. Capital Analysts LLC acquired a new position in Freedom 100 Emerging Markets ETF in the 2nd quarter worth $32,000. Clarity Asset Management Inc. acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the 4th quarter valued at about $36,000. Abound Wealth Management acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the 2nd quarter valued at about $36,000. Assetmark Inc. raised its stake in shares of Freedom 100 Emerging Markets ETF by 231.3% in the 1st quarter. Assetmark Inc. now owns 719 shares of the company’s stock valued at $39,000 after purchasing an additional 502 shares during the period. Finally, Investors Research Corp bought a new stake in shares of Freedom 100 Emerging Markets ETF in the third quarter valued at about $78,000.

Freedom 100 Emerging Markets ETF Price Performance

FRDM stock opened at $69.18 on Friday. The stock has a market capitalization of $2.04 billion, a P/E ratio of 12.68 and a beta of 0.94. The business has a 50-day moving average of $69.39 and a 200-day moving average of $67.12. Freedom 100 Emerging Markets ETF has a fifty-two week low of $43.77 and a fifty-two week high of $76.90.

Freedom 100 Emerging Markets ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were paid a $0.2934 dividend. This represents a $1.17 annualized dividend and a yield of 1.7%. 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.

About Freedom 100 Emerging Markets ETF

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.