Y Intercept Hong Kong Ltd Takes Position in Freedom 100 Emerging Markets ETF $FRDM

Y Intercept Hong Kong Ltd purchased a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 17,032 shares of the company’s stock, valued at approximately $931,000. Y Intercept Hong Kong Ltd owned approximately 0.06% of Freedom 100 Emerging Markets ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Pacific Financial purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 4th quarter valued at approximately $27,000. Strive Financial Group LLC purchased a new position in Freedom 100 Emerging Markets ETF during the fourth quarter valued at $28,000. Clarity Asset Management Inc. acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the fourth quarter valued at about $36,000. Steward Partners Investment Advisory LLC raised its position in shares of Freedom 100 Emerging Markets ETF by 207.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after purchasing an additional 483 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its stake in Freedom 100 Emerging Markets ETF by 111.1% in the 4th quarter. CoreCap Advisors LLC now owns 950 shares of the company’s stock valued at $49,000 after buying 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 $69.76 on Monday. The stock has a market capitalization of $2.06 billion, a P/E ratio of 12.68 and a beta of 0.94. The business has a 50 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 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.