Freedom 100 Emerging Markets ETF $FRDM Stock: Mather Group LLC. Decreases Stake

Mather Group LLC. lessened its stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 85.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,469 shares of the company’s stock after selling 121,715 shares during the quarter. Mather Group LLC. owned about 0.07% of Freedom 100 Emerging Markets ETF worth $1,502,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Womack Financial LLC lifted its holdings in Freedom 100 Emerging Markets ETF by 1.5% in the 3rd quarter. Womack Financial LLC now owns 102,714 shares of the company’s stock worth $7,186,000 after purchasing an additional 1,531 shares during the last quarter. Signal Advisors Wealth LLC acquired a new position in Freedom 100 Emerging Markets ETF during the third quarter valued at approximately $14,062,000. Fermata Advisors LLC acquired a new position in Freedom 100 Emerging Markets ETF during the third quarter valued at approximately $944,000. Avior Wealth Management LLC acquired a new position in Freedom 100 Emerging Markets ETF during the third quarter valued at approximately $4,426,000. Finally, Prism Advisors Inc. acquired a new position in Freedom 100 Emerging Markets ETF during the third quarter valued at approximately $1,252,000.

Freedom 100 Emerging Markets ETF Stock Down 2.0%

Shares of BATS:FRDM traded down $1.29 during trading on Friday, reaching $63.89. The stock had a trading volume of 252,009 shares, compared to its average volume of 397,279. Freedom 100 Emerging Markets ETF has a 52 week low of $45.41 and a 52 week high of $76.90. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The stock has a fifty day simple moving average of $69.33 and a two-hundred day simple moving average of $67.52.

Freedom 100 Emerging Markets ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a dividend of $0.2934 per share. The ex-dividend date of this dividend was Monday, September 28th. This represents a $1.17 annualized dividend and a dividend yield of 1.8%. This is a decrease from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302.

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.