Oppenheimer & Co. Inc. bought a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM – Free Report) in the third quarter, HoldingsChannel reports. The institutional investor bought 19,920 shares of the company’s stock, valued at approximately $1,394,000.
Several other hedge funds and other institutional investors have also modified their holdings of FRDM. Beaumont Financial Advisors LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF in the third quarter valued at approximately $20,752,000. Envestnet Asset Management Inc. grew its holdings in shares of Freedom 100 Emerging Markets ETF by 53.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 725,104 shares of the company’s stock worth $49,446,000 after purchasing an additional 253,060 shares in the last quarter. Intelligence Driven Advisers LLC bought a new position in Freedom 100 Emerging Markets ETF in the 3rd quarter valued at about $14,790,000. KFG Wealth Management LLC bought a new position in Freedom 100 Emerging Markets ETF in the third quarter valued at approximately $14,676,000. Finally, Signal Advisors Wealth LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF during the 3rd quarter worth $14,062,000.
Freedom 100 Emerging Markets ETF Price Performance
Shares of BATS:FRDM opened at $62.01 on Monday. Freedom 100 Emerging Markets ETF has a one year low of $45.41 and a one year high of $76.90. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The firm has a 50 day simple moving average of $68.57 and a 200 day simple moving average of $64.84.
Freedom 100 Emerging Markets ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were issued a dividend of $0.2934 per share. This represents a $1.17 annualized dividend and a dividend yield of 1.9%. This is a drop from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. The ex-dividend date was Monday, September 28th.
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.
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Want to see what other hedge funds are holding FRDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Freedom 100 Emerging Markets ETF (BATS:FRDM – Free Report).
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