Valmark Advisers Inc. Invests $2.19 Million in Freedom 100 Emerging Markets ETF $FRDM

Valmark Advisers Inc. purchased a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 40,023 shares of the company’s stock, valued at approximately $2,187,000.

Several other institutional investors also recently bought and sold shares of FRDM. NewEdge Advisors LLC lifted its stake in shares of Freedom 100 Emerging Markets ETF by 3.2% in the second quarter. NewEdge Advisors LLC now owns 28,306 shares of the company’s stock worth $1,144,000 after buying an additional 885 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Freedom 100 Emerging Markets ETF by 16.5% in the 2nd quarter. Raymond James Financial Inc. now owns 454,117 shares of the company’s stock worth $18,346,000 after acquiring an additional 64,359 shares during the last quarter. Jane Street Group LLC bought a new position in Freedom 100 Emerging Markets ETF in the 2nd quarter valued at approximately $1,872,000. MML Investors Services LLC lifted its position in Freedom 100 Emerging Markets ETF by 275.4% in the 2nd quarter. MML Investors Services LLC now owns 55,313 shares of the company’s stock valued at $2,235,000 after acquiring an additional 40,580 shares in the last quarter. Finally, Tidal Investments LLC boosted its stake in Freedom 100 Emerging Markets ETF by 5.3% during the 2nd quarter. Tidal Investments LLC now owns 60,830 shares of the company’s stock valued at $2,458,000 after purchasing an additional 3,054 shares during the last quarter.

Freedom 100 Emerging Markets ETF Stock Performance

Freedom 100 Emerging Markets ETF stock opened at $69.76 on Monday. The firm has a market cap of $2.06 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 $70.09 and a two-hundred day simple moving average of $61.88. Freedom 100 Emerging Markets ETF has a 12 month low of $39.92 and a 12 month high of $76.90.

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.