Capital Square LLC Makes New Investment in Freedom 100 Emerging Markets ETF $FRDM

Capital Square LLC bought a new stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 13,250 shares of the company’s stock, valued at approximately $927,000.

Several other institutional investors have also recently made changes to their positions in the stock. CoreCap Advisors LLC bought a new position in shares of Freedom 100 Emerging Markets ETF in the third quarter worth $28,000. Capital Analysts LLC purchased a new stake in Freedom 100 Emerging Markets ETF during the 2nd quarter worth about $32,000. Abound Wealth Management purchased a new stake in Freedom 100 Emerging Markets ETF during the 2nd quarter worth about $36,000. Assetmark Inc. boosted its stake in Freedom 100 Emerging Markets ETF by 231.3% in the 1st quarter. Assetmark Inc. now owns 719 shares of the company’s stock worth $39,000 after purchasing an additional 502 shares during the period. Finally, Investors Research Corp bought a new position in Freedom 100 Emerging Markets ETF in the 3rd quarter worth about $78,000.

Freedom 100 Emerging Markets ETF Price Performance

FRDM stock traded up $0.95 during mid-day trading on Monday, reaching $64.84. 112,191 shares of the company traded hands, compared to its average volume of 395,812. The company has a market capitalization of $1.91 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 52-week low of $45.41 and a 52-week high of $76.90. The company has a fifty day moving average price of $69.33 and a 200-day moving average price of $67.63.

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 given a $0.2934 dividend. This represents a $1.17 dividend on an annualized basis and a dividend yield of 1.8%. This is a decrease from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. The ex-dividend date was Monday, September 28th.

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.