Beaumont Financial Advisors LLC Acquires 37,874 Shares of Freedom 100 Emerging Markets ETF $FRDM

Beaumont Financial Advisors LLC raised its holdings in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 13.8% in the 1st quarter, HoldingsChannel reports. The firm owned 313,143 shares of the company’s stock after buying an additional 37,874 shares during the period. Freedom 100 Emerging Markets ETF makes up approximately 1.2% of Beaumont Financial Advisors LLC’s holdings, making the stock its 25th largest holding. Beaumont Financial Advisors LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $17,113,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FRDM. NewEdge Advisors LLC raised its holdings in Freedom 100 Emerging Markets ETF by 3.2% in the 2nd quarter. NewEdge Advisors LLC now owns 28,306 shares of the company’s stock valued at $1,144,000 after acquiring an additional 885 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 16.5% during the second quarter. Raymond James Financial Inc. now owns 454,117 shares of the company’s stock worth $18,346,000 after acquiring an additional 64,359 shares during the period. Jane Street Group LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF in the second quarter valued at approximately $1,872,000. MML Investors Services LLC grew its position in shares of Freedom 100 Emerging Markets ETF by 275.4% in the second quarter. MML Investors Services LLC now owns 55,313 shares of the company’s stock valued at $2,235,000 after purchasing an additional 40,580 shares during the last quarter. Finally, Tidal Investments LLC increased its stake in shares of Freedom 100 Emerging Markets ETF by 5.3% during the second quarter. Tidal Investments LLC now owns 60,830 shares of the company’s stock worth $2,458,000 after purchasing an additional 3,054 shares during the period.

Freedom 100 Emerging Markets ETF Trading Down 1.1%

Shares of BATS FRDM opened at $67.32 on Thursday. The firm has a market cap of $1.99 billion, a P/E ratio of 12.68 and a beta of 0.94. The business’s 50 day moving average is $70.20 and its 200-day moving average is $62.23. Freedom 100 Emerging Markets ETF has a 1-year low of $39.92 and a 1-year high of $76.90.

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.