Prism Advisors Inc. Makes New $1.25 Million Investment in Freedom 100 Emerging Markets ETF $FRDM

Prism Advisors Inc. bought a new stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,213 shares of the company’s stock, valued at approximately $1,252,000. Prism Advisors Inc. owned approximately 0.06% of Freedom 100 Emerging Markets ETF at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in FRDM. XY Planning Network Inc. lifted its stake in shares of Freedom 100 Emerging Markets ETF by 1.8% during the 2nd quarter. XY Planning Network Inc. now owns 9,441 shares of the company’s stock worth $688,000 after purchasing an additional 168 shares during the last quarter. Lord & Richards Wealth Management LLC raised its stake in shares of Freedom 100 Emerging Markets ETF by 0.9% during the 2nd quarter. Lord & Richards Wealth Management LLC now owns 35,078 shares of the company’s stock worth $2,557,000 after acquiring an additional 311 shares in the last quarter. Western Wealth Management LLC lifted its position in Freedom 100 Emerging Markets ETF by 3.7% during the first quarter. Western Wealth Management LLC now owns 10,325 shares of the company’s stock valued at $564,000 after acquiring an additional 370 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in Freedom 100 Emerging Markets ETF in the third quarter valued at approximately $28,000. Finally, Capital Analysts LLC acquired a new stake in Freedom 100 Emerging Markets ETF in the second quarter valued at approximately $32,000.

Freedom 100 Emerging Markets ETF Trading Up 0.6%

BATS FRDM opened at $69.18 on Friday. The firm’s fifty day simple moving average is $69.39 and its two-hundred day simple moving average is $67.12. The firm has a market capitalization of $2.04 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12-month low of $43.77 and a 12-month high of $76.90.

Freedom 100 Emerging Markets ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a dividend of $0.2934 per share. This is a negative change from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. The ex-dividend date was Monday, September 28th. This represents a $1.17 annualized dividend and a yield of 1.7%.

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.