MGO One Seven LLC bought a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 174,127 shares of the company’s stock, valued at approximately $12,182,000. MGO One Seven LLC owned approximately 0.59% of Freedom 100 Emerging Markets ETF as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Retirement Planning Group LLC increased its stake in Freedom 100 Emerging Markets ETF by 1.6% during the third quarter. Retirement Planning Group LLC now owns 2,685,929 shares of the company’s stock valued at $187,908,000 after purchasing an additional 41,811 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Freedom 100 Emerging Markets ETF by 53.6% during the second quarter. Envestnet Asset Management Inc. now owns 725,104 shares of the company’s stock worth $49,446,000 after acquiring an additional 253,060 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in shares of Freedom 100 Emerging Markets ETF by 18.6% in the 1st quarter. Kestra Advisory Services LLC now owns 442,531 shares of the company’s stock worth $24,184,000 after acquiring an additional 69,312 shares during the period. Integrated Wealth Concepts LLC grew its position in Freedom 100 Emerging Markets ETF by 6.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 343,724 shares of the company’s stock worth $25,058,000 after purchasing an additional 20,332 shares during the last quarter. Finally, Beaumont Financial Advisors LLC grew its position in Freedom 100 Emerging Markets ETF by 13.8% in the 1st quarter. Beaumont Financial Advisors LLC now owns 313,143 shares of the company’s stock worth $17,113,000 after purchasing an additional 37,874 shares during the last quarter.
Freedom 100 Emerging Markets ETF Trading Down 3.9%
Shares of BATS:FRDM opened at $62.01 on Friday. The firm’s 50 day moving average is $68.57 and its two-hundred day moving average is $64.84. Freedom 100 Emerging Markets ETF has a 52 week low of $45.41 and a 52 week high of $76.90. The firm has a market capitalization of $1.83 billion, a P/E ratio of 12.68 and a beta of 0.94.
Freedom 100 Emerging Markets ETF Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a $0.2934 dividend. The ex-dividend date was Monday, September 28th. This represents a $1.17 annualized dividend and a yield of 1.9%. This is a decrease 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.
Featured Articles
- Five stocks we like better than Freedom 100 Emerging Markets ETF
- Starbucks Says Its Turnaround Is DoneāThe Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
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).
Receive News & Ratings for Freedom 100 Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Freedom 100 Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
