Freedom 100 Emerging Markets ETF $FRDM is Watchman Group Inc.’s 10th Largest Position

Watchman Group Inc. decreased its holdings in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 8.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 171,193 shares of the company’s stock after selling 15,138 shares during the quarter. Freedom 100 Emerging Markets ETF accounts for about 2.3% of Watchman Group Inc.’s holdings, making the stock its 10th largest holding. Watchman Group Inc. owned 0.58% of Freedom 100 Emerging Markets ETF worth $9,356,000 as of its most recent SEC filing.

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

Freedom 100 Emerging Markets ETF Stock Performance

Freedom 100 Emerging Markets ETF stock opened at $71.71 on Thursday. The stock has a market capitalization of $2.12 billion, a P/E ratio of 12.68 and a beta of 0.94. The company’s fifty day moving average price is $68.16 and its 200 day moving average price is $60.11. Freedom 100 Emerging Markets ETF has a 1 year low of $39.92 and a 1 year high of $76.90.

About Freedom 100 Emerging Markets ETF

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.