CENTRAL TRUST Co Purchases 4,107 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

CENTRAL TRUST Co boosted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 4.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,317 shares of the company’s stock after buying an additional 4,107 shares during the quarter. CENTRAL TRUST Co owned approximately 0.38% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $3,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in GEM. Envestnet Asset Management Inc. boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 19.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 778,843 shares of the company’s stock valued at $25,842,000 after purchasing an additional 127,623 shares in the last quarter. Brown Advisory Inc. purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 1st quarter worth $397,000. Cetera Investment Advisers lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 12.1% in the first quarter. Cetera Investment Advisers now owns 345,842 shares of the company’s stock worth $11,475,000 after purchasing an additional 37,337 shares during the last quarter. HB Wealth Management LLC bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the first quarter worth $59,068,000. Finally, LPL Financial LLC boosted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 14.9% during the first quarter. LPL Financial LLC now owns 1,810,975 shares of the company’s stock valued at $60,088,000 after buying an additional 234,557 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.2%

Shares of NYSEARCA:GEM opened at $42.49 on Wednesday. The stock has a market capitalization of $1.19 billion, a P/E ratio of 13.33 and a beta of 0.62. The stock’s 50-day moving average price is $41.04 and its 200-day moving average price is $38.20. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $29.19 and a 12-month high of $42.92.

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.