Kestra Advisory Services LLC Increases Stock Holdings in Freedom 100 Emerging Markets ETF $FRDM

Kestra Advisory Services LLC raised its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 18.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 442,531 shares of the company’s stock after acquiring an additional 69,312 shares during the quarter. Kestra Advisory Services LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $24,184,000 at the end of the most recent quarter.

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

Freedom 100 Emerging Markets ETF Price Performance

FRDM traded down $0.01 on Friday, reaching $69.76. The company’s stock had a trading volume of 185,059 shares, compared to its average volume of 456,304. Freedom 100 Emerging Markets ETF has a 1 year low of $39.92 and a 1 year high of $76.90. The business’s 50 day moving average is $70.09 and its 200 day moving average is $61.80. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94.

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.