VectorGlobal IAG Inc. Buys New Shares in Freedom 100 Emerging Markets ETF $FRDM

VectorGlobal IAG Inc. bought a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 34,725 shares of the company’s stock, valued at approximately $1,898,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Western Wealth Management LLC grew its stake 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 valued at $564,000 after purchasing an additional 370 shares during the last quarter. Stillwater Private Wealth LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF in the first quarter worth about $1,081,000. Parallel Advisors LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 21.5% during the first quarter. Parallel Advisors LLC now owns 6,749 shares of the company’s stock worth $369,000 after purchasing an additional 1,192 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 9.7% during the first quarter. NewEdge Advisors LLC now owns 40,837 shares of the company’s stock worth $2,232,000 after purchasing an additional 3,618 shares during the period. Finally, Maripau Wealth Management LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 1.7% during the first quarter. Maripau Wealth Management LLC now owns 48,289 shares of the company’s stock worth $2,639,000 after purchasing an additional 792 shares during the period.

Freedom 100 Emerging Markets ETF Price Performance

Shares of BATS FRDM opened at $65.11 on Monday. Freedom 100 Emerging Markets ETF has a 52 week low of $39.97 and a 52 week high of $76.90. The business’s 50 day moving average price is $69.64 and its 200 day moving average price is $63.25. The firm has a market cap of $1.92 billion, a P/E ratio of 12.68 and a beta of 0.94.

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.