Brookstone Capital Management Raises Stock Position in Freedom 100 Emerging Markets ETF $FRDM

Brookstone Capital Management raised its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 583.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,118 shares of the company’s stock after purchasing an additional 26,562 shares during the quarter. Brookstone Capital Management owned about 0.11% of Freedom 100 Emerging Markets ETF worth $1,595,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FRDM. Coyle Financial Counsel LLC lifted its holdings in Freedom 100 Emerging Markets ETF by 6.4% in the third quarter. Coyle Financial Counsel LLC now owns 556,660 shares of the company’s stock valued at $24,666,000 after acquiring an additional 33,573 shares during the last quarter. Compass Ion Advisors LLC purchased a new stake in Freedom 100 Emerging Markets ETF in the third quarter valued at $11,682,000. Beaumont Financial Advisors LLC raised its position in Freedom 100 Emerging Markets ETF by 21.8% in the third quarter. Beaumont Financial Advisors LLC now owns 267,947 shares of the company’s stock valued at $11,873,000 after purchasing an additional 47,872 shares during the period. Ameritas Investment Partners Inc. lifted its stake in shares of Freedom 100 Emerging Markets ETF by 16.5% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 110,541 shares of the company’s stock valued at $4,898,000 after purchasing an additional 15,657 shares during the last quarter. Finally, Bravias Capital Group LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 3rd quarter worth $613,000.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of BATS:FRDM opened at $55.13 on Friday. The company has a market capitalization of $1.63 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 $63.72. The business has a 50-day moving average price of $57.92 and a 200 day moving average price of $51.89.

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.