KFG Wealth Management LLC Takes $10.30 Million Position in Freedom 100 Emerging Markets ETF $FRDM

KFG Wealth Management LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 188,461 shares of the company’s stock, valued at approximately $10,299,000. Freedom 100 Emerging Markets ETF comprises 1.3% of KFG Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding.

A number of other hedge funds also recently modified their holdings of the stock. Longview Financial Advisors Inc. lifted its stake in Freedom 100 Emerging Markets ETF by 3.1% in the first quarter. Longview Financial Advisors Inc. now owns 177,464 shares of the company’s stock valued at $9,698,000 after purchasing an additional 5,392 shares during the last quarter. Krilogy Financial LLC bought a new position in Freedom 100 Emerging Markets ETF during the first quarter valued at $7,903,000. Signal Advisors Wealth LLC increased its position in Freedom 100 Emerging Markets ETF by 17.9% in the first quarter. Signal Advisors Wealth LLC now owns 154,516 shares of the company’s stock worth $8,444,000 after buying an additional 23,404 shares during the last quarter. Harbour Wealth Management Group Inc. increased its position in Freedom 100 Emerging Markets ETF by 76.2% in the first quarter. Harbour Wealth Management Group Inc. now owns 100,166 shares of the company’s stock worth $5,474,000 after buying an additional 43,321 shares during the last quarter. Finally, Sweeney & Michel LLC raised its stake in shares of Freedom 100 Emerging Markets ETF by 3.6% in the first quarter. Sweeney & Michel LLC now owns 74,404 shares of the company’s stock valued at $4,502,000 after buying an additional 2,569 shares during the period.

Freedom 100 Emerging Markets ETF Price Performance

Shares of BATS FRDM opened at $71.71 on Thursday. Freedom 100 Emerging Markets ETF has a one year low of $39.92 and a one year high of $76.90. The business’s fifty day moving average price is $68.16 and its 200-day moving average price is $60.11. The stock has a market capitalization of $2.12 billion, a PE ratio of 12.68 and a beta of 0.94.

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.