MGO One Seven LLC Buys 98,087 Shares of Freedom 100 Emerging Markets ETF $FRDM

MGO One Seven LLC increased its stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 82.0% in the 4th quarter, Holdings Channel reports. The firm owned 217,705 shares of the company’s stock after buying an additional 98,087 shares during the period. MGO One Seven LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $11,162,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FRDM. Mainstay Capital Management LLC ADV purchased a new stake in Freedom 100 Emerging Markets ETF in the fourth quarter worth approximately $85,418,000. First Heartland Consultants Inc. purchased a new stake in Freedom 100 Emerging Markets ETF during the 2nd quarter valued at $14,632,000. Raymond James Financial Inc. lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 63.8% during the 3rd quarter. Raymond James Financial Inc. now owns 743,977 shares of the company’s stock valued at $32,966,000 after buying an additional 289,860 shares during the period. Enzi Wealth bought a new position in shares of Freedom 100 Emerging Markets ETF during the 4th quarter valued at $15,004,000. Finally, Compass Ion Advisors LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF in the 3rd quarter worth $11,682,000.

Freedom 100 Emerging Markets ETF Price Performance

Shares of FRDM opened at $67.11 on Friday. Freedom 100 Emerging Markets ETF has a one year low of $36.98 and a one year high of $68.34. The firm has a market capitalization of $1.98 billion, a P/E ratio of 12.68 and a beta of 0.94. The business has a fifty day moving average of $58.91 and a 200 day moving average of $54.63.

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.