KFG Wealth Management LLC Invests $10.30 Million in Freedom 100 Emerging Markets ETF $FRDM

KFG Wealth Management LLC bought a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 188,461 shares of the company’s stock, valued at approximately $10,299,000. Freedom 100 Emerging Markets ETF makes up approximately 1.3% of KFG Wealth Management LLC’s portfolio, making the stock its 17th largest position. KFG Wealth Management LLC owned about 0.64% of Freedom 100 Emerging Markets ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FRDM. First Pacific Financial bought a new stake in Freedom 100 Emerging Markets ETF during the fourth quarter worth $27,000. Strive Financial Group LLC purchased a new position in Freedom 100 Emerging Markets ETF in the fourth quarter worth $28,000. Clarity Asset Management Inc. bought a new position in Freedom 100 Emerging Markets ETF in the 4th quarter valued at $36,000. Steward Partners Investment Advisory LLC grew its stake in Freedom 100 Emerging Markets ETF by 207.3% in the 4th 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 during the period. Finally, CoreCap Advisors LLC increased its position in shares of Freedom 100 Emerging Markets ETF by 111.1% during the 4th quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock valued at $49,000 after purchasing an additional 500 shares during the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

BATS FRDM opened at $71.71 on Thursday. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a one year low of $39.92 and a one year high of $76.90. The business’s fifty day moving average is $68.16 and its 200-day moving average is $60.11.

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.