Envestnet Asset Management Inc. Boosts Holdings in Freedom 100 Emerging Markets ETF $FRDM

Envestnet Asset Management Inc. lifted its position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 4.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 371,445 shares of the company’s stock after purchasing an additional 14,469 shares during the period. Envestnet Asset Management Inc. owned about 1.26% of Freedom 100 Emerging Markets ETF worth $16,459,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. UMB Bank n.a. raised its holdings in shares of Freedom 100 Emerging Markets ETF by 200.0% in the third quarter. UMB Bank n.a. now owns 600 shares of the company’s stock valued at $27,000 after buying an additional 400 shares during the last quarter. GoalVest Advisory LLC acquired a new position in Freedom 100 Emerging Markets ETF in the 3rd quarter valued at $53,000. Root Financial Partners LLC purchased a new position in Freedom 100 Emerging Markets ETF during the 3rd quarter worth $138,000. Atlantic Union Bankshares Corp purchased a new stake in shares of Freedom 100 Emerging Markets ETF in the third quarter valued at about $150,000. Finally, Bulwark Capital Corp purchased a new position in Freedom 100 Emerging Markets ETF during the third quarter worth about $179,000.

Freedom 100 Emerging Markets ETF Trading Up 0.2%

BATS FRDM opened at $60.40 on Monday. The business’s 50 day moving average is $54.38 and its two-hundred day moving average is $48.24. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12-month low of $30.68 and a 12-month high of $61.57.

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.