Freedom 100 Emerging Markets ETF $FRDM Stake Lifted by Tanglewood Wealth Management Inc.

Tanglewood Wealth Management Inc. grew its position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 48.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,107,772 shares of the company’s stock after acquiring an additional 362,189 shares during the period. Freedom 100 Emerging Markets ETF comprises about 4.4% of Tanglewood Wealth Management Inc.’s holdings, making the stock its 8th largest holding. Tanglewood Wealth Management Inc. owned about 3.76% of Freedom 100 Emerging Markets ETF worth $44,754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 2nd quarter worth approximately $86,000. Investment Planning Advisors Inc. grew its holdings in shares of Freedom 100 Emerging Markets ETF by 107.5% during the 2nd quarter. Investment Planning Advisors Inc. now owns 416,007 shares of the company’s stock worth $16,807,000 after acquiring an additional 215,534 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Freedom 100 Emerging Markets ETF in the 2nd quarter worth approximately $28,000. HB Wealth Management LLC bought a new stake in shares of Freedom 100 Emerging Markets ETF in the 2nd quarter worth approximately $214,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of Freedom 100 Emerging Markets ETF by 1.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 270,737 shares of the company’s stock worth $10,938,000 after purchasing an additional 3,999 shares in the last quarter.

Freedom 100 Emerging Markets ETF Stock Up 36.7%

Shares of FRDM opened at $45.12 on Friday. The business’s 50 day moving average price is $42.62 and its 200-day moving average price is $39.35. Freedom 100 Emerging Markets ETF has a 52 week low of $30.68 and a 52 week high of $41.38. The stock has a market cap of $1.33 billion, a P/E 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.