Magnus Financial Group LLC Sells 17,164 Shares of Freedom 100 Emerging Markets ETF $FRDM

Magnus Financial Group LLC lessened its holdings in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 53.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 14,967 shares of the company’s stock after selling 17,164 shares during the period. Magnus Financial Group LLC owned 0.05% of Freedom 100 Emerging Markets ETF worth $767,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in FRDM. UMB Bank n.a. boosted its position in shares of Freedom 100 Emerging Markets ETF by 200.0% in the 3rd quarter. UMB Bank n.a. now owns 600 shares of the company’s stock worth $27,000 after purchasing an additional 400 shares during the last quarter. GoalVest Advisory LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF during the third quarter worth $53,000. JPL Wealth Management LLC bought a new stake in Freedom 100 Emerging Markets ETF in the third quarter valued at about $96,000. Comerica Bank increased its holdings in Freedom 100 Emerging Markets ETF by 13.9% in the third quarter. Comerica Bank now owns 2,734 shares of the company’s stock valued at $121,000 after purchasing an additional 333 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new position in Freedom 100 Emerging Markets ETF in the third quarter valued at about $138,000.

Freedom 100 Emerging Markets ETF Trading Down 3.8%

Shares of FRDM opened at $53.97 on Monday. Freedom 100 Emerging Markets ETF has a 1 year low of $30.68 and a 1 year high of $63.72. The stock has a market cap of $1.59 billion, a P/E ratio of 12.68 and a beta of 0.94. The stock’s 50-day moving average price is $58.13 and its two-hundred day moving average price is $51.21.

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.