HB Wealth Management LLC Makes New $214,000 Investment in Freedom 100 Emerging Markets ETF $FRDM

HB Wealth Management LLC purchased a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,300 shares of the company’s stock, valued at approximately $214,000.

Several other institutional investors have also modified their holdings of the business. Redhawk Wealth Advisors Inc. grew its stake in shares of Freedom 100 Emerging Markets ETF by 4.5% in the second quarter. Redhawk Wealth Advisors Inc. now owns 8,046 shares of the company’s stock worth $325,000 after acquiring an additional 344 shares in the last quarter. Ancora Advisors LLC grew its stake in shares of Freedom 100 Emerging Markets ETF by 24.4% in the first quarter. Ancora Advisors LLC now owns 2,624 shares of the company’s stock worth $92,000 after acquiring an additional 515 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Freedom 100 Emerging Markets ETF in the second quarter worth $28,000. Longview Financial Advisors Inc. grew its stake in shares of Freedom 100 Emerging Markets ETF by 12.2% in the first quarter. Longview Financial Advisors Inc. now owns 35,374 shares of the company’s stock worth $1,240,000 after acquiring an additional 3,858 shares in the last quarter. Finally, Kathmere Capital Management LLC grew its stake in shares of Freedom 100 Emerging Markets ETF by 0.8% in the second quarter. Kathmere Capital Management LLC now owns 519,600 shares of the company’s stock worth $20,992,000 after acquiring an additional 3,998 shares in the last quarter.

Freedom 100 Emerging Markets ETF Stock Up 36.2%

BATS:FRDM opened at $44.93 on Wednesday. The company has a fifty day simple moving average of $42.81 and a two-hundred day simple moving average of $39.50. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 52 week low of $30.68 and a 52 week high of $41.38.

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.