Mather Group LLC. decreased its position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM – Free Report) by 85.0% in the third quarter, Holdings Channel reports. The fund owned 21,469 shares of the company’s stock after selling 121,715 shares during the period. Mather Group LLC.’s holdings in Freedom 100 Emerging Markets ETF were worth $1,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Angeles Wealth Management LLC increased its stake in shares of Freedom 100 Emerging Markets ETF by 52.0% in the second quarter. Angeles Wealth Management LLC now owns 44,475 shares of the company’s stock worth $3,257,000 after purchasing an additional 15,218 shares during the period. KFG Wealth Management LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF during the 1st quarter worth about $10,299,000. VectorGlobal IAG Inc. bought a new stake in Freedom 100 Emerging Markets ETF during the 1st quarter valued at approximately $1,898,000. Stillwater Private Wealth LLC bought a new stake in Freedom 100 Emerging Markets ETF during the 1st quarter valued at approximately $1,081,000. Finally, Integrated Wealth Concepts LLC boosted its stake in Freedom 100 Emerging Markets ETF by 6.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 343,724 shares of the company’s stock valued at $25,058,000 after purchasing an additional 20,332 shares during the period.
Freedom 100 Emerging Markets ETF Trading Down 2.0%
FRDM traded down $1.29 during midday trading on Friday, reaching $63.89. The company’s stock had a trading volume of 252,009 shares, compared to its average volume of 397,279. The stock has a market cap of $1.88 billion, a P/E ratio of 12.68 and a beta of 0.94. The company has a fifty day simple moving average of $69.33 and a 200 day simple moving average of $67.52. Freedom 100 Emerging Markets ETF has a twelve month low of $45.41 and a twelve month high of $76.90.
Freedom 100 Emerging Markets ETF Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were issued a dividend of $0.2934 per share. This represents a $1.17 dividend on an annualized basis and a dividend yield of 1.8%. This is a drop from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. The ex-dividend date was Monday, September 28th.
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.
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Want to see what other hedge funds are holding FRDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Freedom 100 Emerging Markets ETF (BATS:FRDM – Free Report).
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