Pallas Capital Advisors LLC Has $4.46 Million Position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Pallas Capital Advisors LLC lessened its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 1.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 139,587 shares of the company’s stock after selling 2,718 shares during the quarter. Pallas Capital Advisors LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $4,456,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. CreativeOne Wealth LLC raised its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 13,698 shares of the company’s stock worth $481,000 after purchasing an additional 496 shares in the last quarter. Sanctuary Advisors LLC raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.2% in the third quarter. Sanctuary Advisors LLC now owns 7,595 shares of the company’s stock valued at $252,000 after buying an additional 578 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% in the second quarter. Bank of New York Mellon Corp now owns 23,112 shares of the company’s stock valued at $755,000 after buying an additional 847 shares in the last quarter. Elmwood Wealth Management Inc. boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.9% in the fourth quarter. Elmwood Wealth Management Inc. now owns 26,733 shares of the company’s stock valued at $853,000 after buying an additional 1,000 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 10.9% during the third quarter. Integrated Wealth Concepts LLC now owns 13,066 shares of the company’s stock worth $459,000 after buying an additional 1,289 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 0.7 %

NYSEARCA GEM traded down $0.23 during midday trading on Monday, hitting $31.09. The company had a trading volume of 127,334 shares, compared to its average volume of 140,462. The firm has a 50-day moving average price of $33.08 and a 200-day moving average price of $33.35. The company has a market capitalization of $920.26 million, a PE ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a twelve month low of $28.75 and a twelve month high of $36.16.

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.