Valeo Financial Advisors LLC Makes New $765,000 Investment in Freedom 100 Emerging Markets ETF $FRDM

Valeo Financial Advisors LLC purchased a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 10,489 shares of the company’s stock, valued at approximately $765,000.

A number of other institutional investors also recently modified their holdings of the company. Mainstay Capital Management LLC ADV acquired a new position in shares of Freedom 100 Emerging Markets ETF during the fourth quarter worth about $85,418,000. First Heartland Consultants Inc. acquired a new stake in Freedom 100 Emerging Markets ETF in the 2nd quarter valued at approximately $14,632,000. Raymond James Financial Inc. lifted its stake in Freedom 100 Emerging Markets ETF by 63.8% in the 3rd quarter. Raymond James Financial Inc. now owns 743,977 shares of the company’s stock valued at $32,966,000 after acquiring an additional 289,860 shares in the last quarter. Jane Street Group LLC bought a new stake in Freedom 100 Emerging Markets ETF in the 4th quarter valued at approximately $12,818,000. Finally, KFG Wealth Management LLC acquired a new position in Freedom 100 Emerging Markets ETF during the 1st quarter worth approximately $10,299,000.

Freedom 100 Emerging Markets ETF Stock Down 0.7%

Shares of FRDM opened at $66.17 on Tuesday. The stock has a market capitalization of $1.95 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a twelve month low of $41.02 and a twelve month high of $76.90. The company has a 50 day moving average of $69.01 and a 200-day moving average of $63.73.

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.