Lane Brothers & Co. Inc. Takes Position in Freedom 100 Emerging Markets ETF $FRDM

Lane Brothers & Co. Inc. purchased a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,019 shares of the company’s stock, valued at approximately $565,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC grew its position in Freedom 100 Emerging Markets ETF by 4.5% during the 3rd quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock worth $246,000 after purchasing an additional 237 shares in the last quarter. Comerica Bank raised its stake in Freedom 100 Emerging Markets ETF by 13.9% during the 3rd quarter. Comerica Bank now owns 2,734 shares of the company’s stock valued at $121,000 after purchasing an additional 333 shares during the period. IFP Advisors Inc raised its stake in Freedom 100 Emerging Markets ETF by 1.2% during the 4th quarter. IFP Advisors Inc now owns 28,217 shares of the company’s stock valued at $1,447,000 after purchasing an additional 344 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 207.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock valued at $37,000 after purchasing an additional 483 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 111.1% in the fourth quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock valued at $49,000 after purchasing an additional 500 shares in the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

Shares of Freedom 100 Emerging Markets ETF stock opened at $76.09 on Friday. The stock has a market cap of $2.24 billion, a PE ratio of 12.68 and a beta of 0.94. The business has a fifty day simple moving average of $67.37 and a 200-day simple moving average of $59.51. Freedom 100 Emerging Markets ETF has a 12 month low of $38.02 and a 12 month high of $76.31.

Freedom 100 Emerging Markets ETF 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.