Baird Financial Group Inc. Sells 1,917 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Baird Financial Group Inc. decreased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 6.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 29,390 shares of the company’s stock after selling 1,917 shares during the quarter. Baird Financial Group Inc.’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $938,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Atria Wealth Solutions Inc. increased its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 25,386 shares of the company’s stock worth $810,000 after acquiring an additional 464 shares during the last quarter. Sanctuary Advisors LLC increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 19.9% during the 4th quarter. Sanctuary Advisors LLC now owns 9,105 shares of the company’s stock valued at $299,000 after purchasing an additional 1,510 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 32.3% during the 4th quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock valued at $114,000 after purchasing an additional 871 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.8% during the 4th quarter. Bank of New York Mellon Corp now owns 25,606 shares of the company’s stock valued at $817,000 after purchasing an additional 2,079 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.4% during the 4th quarter. LPL Financial LLC now owns 1,576,418 shares of the company’s stock valued at $50,319,000 after purchasing an additional 36,610 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

NYSEARCA GEM opened at $35.18 on Thursday. The company has a market cap of $962.17 million, a P/E ratio of 12.64 and a beta of 0.63. The business’s 50 day moving average price is $32.94 and its 200-day moving average price is $32.99. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $29.19 and a fifty-two week high of $36.16.

About Goldman Sachs ActiveBeta Emerging Markets Equity ETF

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.