1620 Investment Advisors Inc. Purchases 726 Shares of Alpha Architect Freedom 100 Emerging Market ETF (BATS:FRDM)

1620 Investment Advisors Inc. lifted its holdings in Alpha Architect Freedom 100 Emerging Market ETF (BATS:FRDM) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 55,630 shares of the company’s stock after purchasing an additional 726 shares during the quarter. Alpha Architect Freedom 100 Emerging Market ETF comprises 1.4% of 1620 Investment Advisors Inc.’s holdings, making the stock its 13th biggest position. 1620 Investment Advisors Inc. owned approximately 0.24% of Alpha Architect Freedom 100 Emerging Market ETF worth $1,990,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Janney Montgomery Scott LLC acquired a new position in shares of Alpha Architect Freedom 100 Emerging Market ETF during the 1st quarter worth approximately $9,391,000. Lumbard & Kellner LLC acquired a new stake in shares of Alpha Architect Freedom 100 Emerging Market ETF during the first quarter worth $2,732,000. Bull Oak Capital LLC grew its holdings in Alpha Architect Freedom 100 Emerging Market ETF by 15.1% during the 2nd quarter. Bull Oak Capital LLC now owns 175,679 shares of the company’s stock worth $6,205,000 after acquiring an additional 23,004 shares during the period. OLD Mission Capital LLC boosted its holdings in shares of Alpha Architect Freedom 100 Emerging Market ETF by 21.8% during the 1st quarter. OLD Mission Capital LLC now owns 108,849 shares of the company’s stock worth $3,671,000 after buying an additional 19,505 shares in the last quarter. Finally, Geneos Wealth Management Inc. acquired a new position in shares of Alpha Architect Freedom 100 Emerging Market ETF during the 1st quarter valued at $514,000.

Alpha Architect Freedom 100 Emerging Market ETF Price Performance

FRDM stock opened at $35.24 on Thursday. The company’s 50-day moving average is $35.52 and its 200-day moving average is $35.01. The firm has a market cap of $833.43 million, a P/E ratio of 10.95 and a beta of 1.07.

Alpha Architect Freedom 100 Emerging Market ETF Company 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.