Ameritas Investment Partners Inc. Has $3.83 Million Position in Freedom 100 Emerging Markets ETF $FRDM

Ameritas Investment Partners Inc. increased its holdings in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 5.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,884 shares of the company’s stock after purchasing an additional 5,134 shares during the period. Ameritas Investment Partners Inc. owned approximately 0.32% of Freedom 100 Emerging Markets ETF worth $3,833,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HB Wealth Management LLC bought a new stake in shares of Freedom 100 Emerging Markets ETF in the 2nd quarter valued at approximately $214,000. XY Planning Network Inc. acquired a new stake in Freedom 100 Emerging Markets ETF in the 2nd quarter valued at $356,000. Stephens Consulting LLC boosted its stake in Freedom 100 Emerging Markets ETF by 14.3% in the 2nd quarter. Stephens Consulting LLC now owns 187,682 shares of the company’s stock valued at $7,582,000 after buying an additional 23,415 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Freedom 100 Emerging Markets ETF in the first quarter valued at $225,000. Finally, Mayport LLC raised its stake in Freedom 100 Emerging Markets ETF by 6.6% during the second quarter. Mayport LLC now owns 265,391 shares of the company’s stock worth $10,722,000 after acquiring an additional 16,371 shares in the last quarter.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of BATS FRDM opened at $46.83 on Tuesday. The stock has a market cap of $1.38 billion, a PE 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. The business has a fifty day moving average of $46.22 and a two-hundred day moving average of $42.44.

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.