Alpha Architect Freedom 100 Emerging Market ETF (BATS:FRDM) Shares Up 1.3%

Posted by Matthew Steigler on Sep 13th, 2024

Alpha Architect Freedom 100 Emerging Market ETF (BATS:FRDM – Get Free Report) was up 1.3% during mid-day trading on Thursday . The stock traded as high as $34.93 and last traded at $34.91. Approximately 49,176 shares traded hands during trading, The stock had previously closed at $34.47.

Alpha Architect Freedom 100 Emerging Market ETF Price Performance

The firm has a market capitalization of $825.62 million, a P/E ratio of 10.95 and a beta of 1.07. The business has a 50 day moving average price of $35.04 and a 200 day moving average price of $34.42.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FRDM. Bank of New York Mellon Corp bought a new position in Alpha Architect Freedom 100 Emerging Market ETF in the second quarter worth $336,000. Geneos Wealth Management Inc. acquired a new position in shares of Alpha Architect Freedom 100 Emerging Market ETF in the 1st quarter valued at $514,000. Magnolia Capital Advisors LLC lifted its holdings in shares of Alpha Architect Freedom 100 Emerging Market ETF by 1.4% during the 2nd quarter. Magnolia Capital Advisors LLC now owns 25,825 shares of the company’s stock worth $912,000 after acquiring an additional 363 shares during the period. Prism Advisors Inc. boosted its position in shares of Alpha Architect Freedom 100 Emerging Market ETF by 4.1% during the 1st quarter. Prism Advisors Inc. now owns 46,944 shares of the company’s stock valued at $1,583,000 after acquiring an additional 1,859 shares in the last quarter. Finally, 1620 Investment Advisors Inc. increased its stake in Alpha Architect Freedom 100 Emerging Market ETF by 1.2% in the second quarter. 1620 Investment Advisors Inc. now owns 54,904 shares of the company’s stock valued at $1,939,000 after acquiring an additional 626 shares during the period.

Alpha Architect Freedom 100 Emerging Market ETF Company Profile

(Get Free Report)

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.