GeoWealth Management LLC Sells 15,268 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

GeoWealth Management LLC trimmed its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 15.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,964 shares of the company’s stock after selling 15,268 shares during the quarter. GeoWealth Management LLC owned 0.27% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $2,584,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of GEM. Bank of Montreal Can bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at $41,000. Private Trust Co. NA lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% in the fourth quarter. Private Trust Co. NA now owns 1,633 shares of the company’s stock valued at $52,000 after buying an additional 452 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 32.3% in the fourth quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock valued at $114,000 after buying an additional 871 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $136,000. Finally, Global Retirement Partners LLC increased its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 47.2% during the fourth quarter. Global Retirement Partners LLC now owns 6,778 shares of the company’s stock valued at $216,000 after acquiring an additional 2,173 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.5 %

Shares of GEM stock opened at $31.89 on Friday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12 month low of $29.19 and a 12 month high of $36.16. The company has a market capitalization of $857.84 million, a P/E ratio of 13.28 and a beta of 0.63. The stock has a 50 day moving average of $32.85 and a two-hundred day moving average of $33.17.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Company Profile

The Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market stocks comprising 4 sub-indexes: value, momentum, quality, and low volatility. The index uses multiple factors to pick stocks, and each sub-index receives equal weight.