Ares Financial Consulting LLC Makes New Investment in Freedom 100 Emerging Markets ETF $FRDM

Ares Financial Consulting LLC bought a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 17,515 shares of the company’s stock, valued at approximately $898,000. Freedom 100 Emerging Markets ETF makes up about 0.8% of Ares Financial Consulting LLC’s investment portfolio, making the stock its 25th biggest position. Ares Financial Consulting LLC owned 0.06% of Freedom 100 Emerging Markets ETF as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. First Pacific Financial bought a new stake in shares of Freedom 100 Emerging Markets ETF during the 4th quarter worth $27,000. UMB Bank n.a. increased its position in Freedom 100 Emerging Markets ETF by 200.0% during 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 in the last quarter. CoreCap Advisors LLC lifted its stake in Freedom 100 Emerging Markets ETF by 111.1% in the 4th quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock valued at $49,000 after purchasing an additional 500 shares during the last quarter. GoalVest Advisory LLC acquired a new stake in Freedom 100 Emerging Markets ETF in the third quarter valued at approximately $53,000. Finally, JPL Wealth Management LLC bought a new stake in shares of Freedom 100 Emerging Markets ETF during the third quarter worth $96,000.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of BATS:FRDM opened at $62.90 on Tuesday. The company has a fifty day moving average of $58.46 and a 200-day moving average of $53.82. The company has a market capitalization of $1.86 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 52-week low of $35.69 and a 52-week high of $63.73.

Freedom 100 Emerging Markets ETF Company 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.