Intelligence Driven Advisers LLC Has $17.72 Million Stake in Freedom 100 Emerging Markets ETF $FRDM

Intelligence Driven Advisers LLC decreased its position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 14.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 345,642 shares of the company’s stock after selling 60,642 shares during the quarter. Freedom 100 Emerging Markets ETF comprises approximately 2.5% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 13th biggest holding. Intelligence Driven Advisers LLC owned about 1.17% of Freedom 100 Emerging Markets ETF worth $17,721,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Pacific Financial bought a new position in Freedom 100 Emerging Markets ETF during the 4th quarter worth approximately $27,000. UMB Bank n.a. boosted its stake 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 acquiring an additional 400 shares during the last quarter. CoreCap Advisors LLC boosted its stake in Freedom 100 Emerging Markets ETF by 111.1% during the 4th quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock worth $49,000 after acquiring an additional 500 shares during the last quarter. GoalVest Advisory LLC bought a new position in Freedom 100 Emerging Markets ETF during the 3rd quarter worth approximately $53,000. Finally, JPL Wealth Management LLC bought a new position in Freedom 100 Emerging Markets ETF during the 3rd quarter worth approximately $96,000.

Freedom 100 Emerging Markets ETF Price Performance

Freedom 100 Emerging Markets ETF stock opened at $60.51 on Tuesday. The company’s 50 day simple moving average is $57.89 and its 200 day simple moving average is $52.59. Freedom 100 Emerging Markets ETF has a fifty-two week low of $33.96 and a fifty-two week high of $63.72. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94.

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.