Gerber LLC Purchases Shares of 21,633 Freedom 100 Emerging Markets ETF $FRDM

Gerber LLC acquired a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 21,633 shares of the company’s stock, valued at approximately $1,109,000. Freedom 100 Emerging Markets ETF accounts for approximately 0.6% of Gerber LLC’s portfolio, making the stock its 23rd biggest position. Gerber LLC owned 0.07% of Freedom 100 Emerging Markets ETF as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FRDM. Retirement Planning Group LLC raised its stake in shares of Freedom 100 Emerging Markets ETF by 0.6% in the third quarter. Retirement Planning Group LLC now owns 2,400,679 shares of the company’s stock valued at $106,374,000 after purchasing an additional 13,908 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Freedom 100 Emerging Markets ETF by 1.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,460,336 shares of the company’s stock worth $64,707,000 after buying an additional 21,948 shares in the last quarter. Tanglewood Wealth Management Inc. increased its holdings in Freedom 100 Emerging Markets ETF by 0.7% in the 3rd quarter. Tanglewood Wealth Management Inc. now owns 1,116,031 shares of the company’s stock valued at $49,451,000 after buying an additional 8,259 shares during the period. Willis Johnson & Associates Inc. increased its holdings in Freedom 100 Emerging Markets ETF by 2.3% in the 3rd quarter. Willis Johnson & Associates Inc. now owns 1,005,249 shares of the company’s stock valued at $44,543,000 after buying an additional 22,577 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of Freedom 100 Emerging Markets ETF by 63.8% in the 3rd quarter. Raymond James Financial Inc. now owns 743,977 shares of the company’s stock valued at $32,966,000 after buying an additional 289,860 shares in the last quarter.

Freedom 100 Emerging Markets ETF Stock Performance

BATS:FRDM opened at $55.13 on Monday. The company has a 50-day moving average of $57.92 and a 200-day moving average of $52.00. 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 52 week low of $30.68 and a 52 week high of $63.72.

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.