Freedom 100 Emerging Markets ETF $FRDM Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 4.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 440,218 shares of the company’s stock after acquiring an additional 19,205 shares during the period. Janney Montgomery Scott LLC owned approximately 1.49% of Freedom 100 Emerging Markets ETF worth $24,058,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mainstay Capital Management LLC ADV bought a new position in shares of Freedom 100 Emerging Markets ETF during the 4th quarter valued at about $85,418,000. First Heartland Consultants Inc. acquired a new stake in Freedom 100 Emerging Markets ETF during the second quarter valued at approximately $14,632,000. Raymond James Financial Inc. boosted its holdings in 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 worth $32,966,000 after buying an additional 289,860 shares in the last quarter. Enzi Wealth bought a new stake in Freedom 100 Emerging Markets ETF during the fourth quarter worth approximately $15,004,000. Finally, Jane Street Group LLC acquired a new position in Freedom 100 Emerging Markets ETF in the fourth quarter worth approximately $12,818,000.

Freedom 100 Emerging Markets ETF Stock Performance

BATS FRDM opened at $71.68 on Tuesday. The stock has a market capitalization of $2.11 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 1 year low of $39.92 and a 1 year high of $76.90. The business’s fifty day moving average is $68.80 and its two-hundred day moving average is $60.60.

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.