Members Advisory Group LLC Invests $4.34 Million in Freedom 100 Emerging Markets ETF $FRDM

Members Advisory Group LLC bought a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 84,625 shares of the company’s stock, valued at approximately $4,339,000. Freedom 100 Emerging Markets ETF comprises 1.6% of Members Advisory Group LLC’s portfolio, making the stock its 17th biggest holding. Members Advisory Group LLC owned approximately 0.29% of Freedom 100 Emerging Markets ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FRDM. Mainstay Capital Management LLC ADV bought a new position in shares of Freedom 100 Emerging Markets ETF in the fourth quarter worth about $85,418,000. First Heartland Consultants Inc. bought a new position in shares of Freedom 100 Emerging Markets ETF in the second quarter worth about $14,632,000. Raymond James Financial Inc. lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 63.8% in the third quarter. Raymond James Financial Inc. now owns 743,977 shares of the company’s stock worth $32,966,000 after acquiring an additional 289,860 shares during the last quarter. Enzi Wealth bought a new position in shares of Freedom 100 Emerging Markets ETF in the fourth quarter worth about $15,004,000. Finally, Compass Ion Advisors LLC bought a new position in shares of Freedom 100 Emerging Markets ETF in the third quarter worth about $11,682,000.

Freedom 100 Emerging Markets ETF Trading Down 1.3%

FRDM stock opened at $61.87 on Wednesday. The stock 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 has a 12 month low of $34.57 and a 12 month high of $63.73. The firm has a 50-day moving average price of $58.28 and a 200-day moving average price of $53.33.

About Freedom 100 Emerging Markets ETF

(Free Report)

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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