IFP Advisors Inc Has $3.50 Million Stock Position in Freedom 100 Emerging Markets ETF $FRDM

IFP Advisors Inc raised its holdings in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 80.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 48,154 shares of the company’s stock after purchasing an additional 21,511 shares during the period. IFP Advisors Inc owned 0.16% of Freedom 100 Emerging Markets ETF worth $3,499,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. XY Planning Network Inc. grew its position 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 buying an additional 168 shares during the period. Parallel Advisors LLC boosted its stake in Freedom 100 Emerging Markets ETF by 4.5% in the third quarter. Parallel Advisors LLC now owns 5,554 shares of the company’s stock valued at $246,000 after acquiring an additional 237 shares during the last quarter. Lord & Richards Wealth Management LLC boosted its stake in Freedom 100 Emerging Markets ETF by 0.9% in the second quarter. Lord & Richards Wealth Management LLC now owns 35,078 shares of the company’s stock valued at $2,557,000 after acquiring an additional 311 shares during the last quarter. Comerica Bank grew its holdings 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 worth $121,000 after acquiring an additional 333 shares during the period. Finally, Western Wealth Management LLC grew its holdings in Freedom 100 Emerging Markets ETF by 3.7% during the 1st quarter. Western Wealth Management LLC now owns 10,325 shares of the company’s stock worth $564,000 after acquiring an additional 370 shares during the period.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of Freedom 100 Emerging Markets ETF stock opened at $70.05 on Friday. The firm has a fifty day moving average of $67.66 and a two-hundred day moving average of $65.33. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 52 week low of $43.40 and a 52 week high of $76.90.

Freedom 100 Emerging Markets ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Monday, June 29th were paid a dividend of $0.3302 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Monday, June 29th.

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.