Freedom 100 Emerging Markets ETF $FRDM Shares Acquired by First Heartland Consultants Inc.

First Heartland Consultants Inc. increased its stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 5.8% in the third quarter, HoldingsChannel reports. The firm owned 383,023 shares of the company’s stock after buying an additional 20,841 shares during the quarter. Freedom 100 Emerging Markets ETF makes up approximately 1.4% of First Heartland Consultants Inc.’s holdings, making the stock its 15th biggest holding. First Heartland Consultants Inc.’s holdings in Freedom 100 Emerging Markets ETF were worth $16,972,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. boosted its stake in shares of 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 during the last quarter. GoalVest Advisory LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF in the third quarter valued at approximately $53,000. Root Financial Partners LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF during the third quarter valued at approximately $138,000. Atlantic Union Bankshares Corp purchased a new position in shares of Freedom 100 Emerging Markets ETF during the third quarter valued at approximately $150,000. Finally, Bulwark Capital Corp acquired a new stake in Freedom 100 Emerging Markets ETF during the third quarter worth approximately $179,000.

Freedom 100 Emerging Markets ETF Stock Performance

FRDM stock opened at $60.91 on Tuesday. The company has a 50 day moving average price of $55.70 and a two-hundred day moving average price of $49.08. The stock has a market capitalization of $1.80 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a one year low of $30.68 and a one year high of $61.90.

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.