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

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

Alpha Architect Freedom 100 Emerging Market ETF Stock Performance

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Magnolia Capital Advisors LLC raised its position 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 acquiring an additional 363 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Alpha Architect Freedom 100 Emerging Market ETF during the second quarter worth $336,000. 1620 Investment Advisors Inc. increased its holdings 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 purchasing an additional 626 shares during the last quarter. Bull Oak Capital LLC lifted its stake in Alpha Architect Freedom 100 Emerging Market ETF by 15.1% in the second quarter. Bull Oak Capital LLC now owns 175,679 shares of the company’s stock valued at $6,205,000 after buying an additional 23,004 shares during the period. Finally, Prism Advisors Inc. boosted its holdings in Alpha Architect Freedom 100 Emerging Market ETF by 2.6% during the second quarter. Prism Advisors Inc. now owns 48,147 shares of the company’s stock worth $1,701,000 after buying an additional 1,203 shares during the last quarter.

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.