Oppenheimer & Co. Inc. Makes New Investment in Freedom 100 Emerging Markets ETF $FRDM

Oppenheimer & Co. Inc. acquired a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 19,920 shares of the company’s stock, valued at approximately $1,394,000. Oppenheimer & Co. Inc. owned 0.07% of Freedom 100 Emerging Markets ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Angeles Wealth Management LLC grew its position in shares of Freedom 100 Emerging Markets ETF by 52.0% in the 2nd quarter. Angeles Wealth Management LLC now owns 44,475 shares of the company’s stock valued at $3,257,000 after purchasing an additional 15,218 shares during the period. VectorGlobal IAG Inc. bought a new stake in Freedom 100 Emerging Markets ETF during the 1st quarter worth approximately $1,898,000. Stillwater Private Wealth LLC acquired a new stake in Freedom 100 Emerging Markets ETF during the 1st quarter worth approximately $1,081,000. Integrated Wealth Concepts LLC raised its holdings in Freedom 100 Emerging Markets ETF by 6.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 343,724 shares of the company’s stock worth $25,058,000 after buying an additional 20,332 shares during the period. Finally, Retirement Planning Group LLC raised its holdings in Freedom 100 Emerging Markets ETF by 5.5% during the 1st quarter. Retirement Planning Group LLC now owns 2,549,629 shares of the company’s stock worth $139,337,000 after buying an additional 133,481 shares during the period.

Freedom 100 Emerging Markets ETF Price Performance

Freedom 100 Emerging Markets ETF stock opened at $62.01 on Monday. The stock has a market capitalization of $1.83 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a twelve month low of $45.41 and a twelve month high of $76.90. The company has a 50 day moving average of $68.57 and a 200-day moving average of $64.84.

Freedom 100 Emerging Markets ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a dividend of $0.2934 per share. This represents a $1.17 annualized dividend and a yield of 1.9%. This is a drop from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. The ex-dividend date of this dividend was Monday, September 28th.

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.