Alpha Architect Freedom 100 Emerging Market ETF (BATS:FRDM) Trading 0.4% Higher – Still a Buy?

Alpha Architect Freedom 100 Emerging Market ETF (BATS:FRDM) shares rose 0.4% on Thursday . The company traded as high as $34.11 and last traded at $34.02. Approximately 144,801 shares were traded during mid-day trading, The stock had previously closed at $33.89.

Alpha Architect Freedom 100 Emerging Market ETF Trading Up 0.4 %

The stock has a market cap of $804.45 million, a price-to-earnings ratio of 10.95 and a beta of 1.07. The company has a fifty day simple moving average of $35.35 and a 200-day simple moving average of $35.19.

Institutional Trading of Alpha Architect Freedom 100 Emerging Market ETF

Several large investors have recently added to or reduced their stakes in FRDM. Bank of New York Mellon Corp acquired a new position in shares of Alpha Architect Freedom 100 Emerging Market ETF in the 2nd quarter valued at about $336,000. Beaumont Financial Advisors LLC grew its position in Alpha Architect Freedom 100 Emerging Market ETF by 2.1% during the third quarter. Beaumont Financial Advisors LLC now owns 180,660 shares of the company’s stock valued at $6,464,000 after purchasing an additional 3,754 shares in the last quarter. 1620 Investment Advisors Inc. increased its position in Alpha Architect Freedom 100 Emerging Market ETF by 1.3% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 55,630 shares of the company’s stock worth $1,990,000 after purchasing an additional 726 shares during the last quarter. Magnolia Capital Advisors LLC raised 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 valued at $912,000 after purchasing an additional 363 shares in the last quarter. Finally, ORG Partners LLC bought a new stake in Alpha Architect Freedom 100 Emerging Market ETF in the third quarter worth $36,000.

About Alpha Architect Freedom 100 Emerging Market 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.