Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. decreased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 55.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 13,771 shares of the company’s stock after selling 17,427 shares during the period. Atria Wealth Solutions Inc.’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $512,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Independence Bank of Kentucky bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter worth approximately $32,000. NewEdge Advisors LLC grew its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.7% in the first quarter. NewEdge Advisors LLC now owns 19,778 shares of the company’s stock worth $656,000 after purchasing an additional 883 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 12.7% in the first quarter. Integrated Wealth Concepts LLC now owns 13,421 shares of the company’s stock worth $445,000 after purchasing an additional 1,509 shares in the last quarter. Truist Financial Corp increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.7% during the second quarter. Truist Financial Corp now owns 23,996 shares of the company’s stock valued at $893,000 after purchasing an additional 1,918 shares during the period. Finally, Comerica Bank raised its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 27.9% during the first quarter. Comerica Bank now owns 11,941 shares of the company’s stock valued at $396,000 after purchasing an additional 2,602 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 0.1%

Shares of GEM opened at $41.42 on Monday. The firm has a market capitalization of $1.16 billion, a PE ratio of 13.33 and a beta of 0.72. The firm has a 50-day moving average price of $39.83 and a 200 day moving average price of $36.90. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52-week low of $29.19 and a 52-week high of $41.65.

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.