Pearl Planning LLC Invests $9.41 Million in Freedom 100 Emerging Markets ETF $FRDM

Pearl Planning LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 183,437 shares of the company’s stock, valued at approximately $9,405,000. Freedom 100 Emerging Markets ETF accounts for approximately 5.8% of Pearl Planning LLC’s portfolio, making the stock its 6th largest position. Pearl Planning LLC owned approximately 0.62% of Freedom 100 Emerging Markets ETF at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. UMB Bank n.a. boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 200.0% during the third quarter. UMB Bank n.a. now owns 600 shares of the company’s stock worth $27,000 after acquiring an additional 400 shares during the period. First Pacific Financial bought a new stake in shares of Freedom 100 Emerging Markets ETF during the fourth quarter worth approximately $27,000. CoreCap Advisors LLC boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 111.1% during the fourth quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock worth $49,000 after acquiring an additional 500 shares during the period. Millstone Evans Group LLC boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 99.7% during the fourth quarter. Millstone Evans Group LLC now owns 1,266 shares of the company’s stock worth $65,000 after acquiring an additional 632 shares during the period. Finally, JPL Wealth Management LLC bought a new stake in shares of Freedom 100 Emerging Markets ETF during the third quarter worth approximately $96,000.

Freedom 100 Emerging Markets ETF Stock Up 2.6%

Shares of BATS:FRDM opened at $68.87 on Friday. Freedom 100 Emerging Markets ETF has a 12-month low of $37.38 and a 12-month high of $68.89. The stock has a market cap of $2.03 billion, a PE ratio of 12.68 and a beta of 0.94. The business has a 50 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.