Freedom 100 Emerging Markets ETF (BATS:FRDM – Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 31,239 shares, a decline of 59.7% from the July 30th total of 77,495 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 217,403 shares, the short-interest ratio is presently 0.1 days.
Freedom 100 Emerging Markets ETF Stock Up 0.2%
BATS:FRDM opened at $69.22 on Friday. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The company’s 50 day moving average price is $68.11 and its 200-day moving average price is $64.64. Freedom 100 Emerging Markets ETF has a 52 week low of $41.02 and a 52 week high of $76.90.
Institutional Trading of Freedom 100 Emerging Markets ETF
A number of institutional investors and hedge funds have recently modified their holdings of the business. First Heartland Consultants Inc. purchased a new position in shares of Freedom 100 Emerging Markets ETF in the second quarter worth $14,632,000. Raymond James Financial Inc. boosted its position in shares of Freedom 100 Emerging Markets ETF by 63.8% during the third 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 last quarter. Jane Street Group LLC bought a new stake in Freedom 100 Emerging Markets ETF in the 4th quarter worth about $12,818,000. KFG Wealth Management LLC bought a new stake in Freedom 100 Emerging Markets ETF in the 1st quarter worth about $10,299,000. Finally, Pearl Planning LLC purchased a new position in Freedom 100 Emerging Markets ETF in the 4th quarter worth about $9,405,000.
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.
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