American National Bank & Trust acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 248,987 shares of the company’s stock, valued at approximately $12,723,000. Goldman Sachs ActiveBeta Emerging Markets Equity ETF comprises approximately 1.1% of American National Bank & Trust’s holdings, making the stock its 28th biggest position. American National Bank & Trust owned 0.72% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Envestnet Portfolio Solutions Inc. grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 82.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 394,433 shares of the company’s stock valued at $20,511,000 after acquiring an additional 178,228 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 108.5% in the second quarter. Envestnet Asset Management Inc. now owns 3,127,532 shares of the company’s stock worth $162,632,000 after acquiring an additional 1,627,669 shares during the last quarter. Archford Capital Strategies LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter valued at approximately $204,000. Integrated Wealth Concepts LLC boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 32,744 shares of the company’s stock valued at $1,703,000 after purchasing an additional 1,283 shares in the last quarter. Finally, Baird Financial Group Inc. grew its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.1% during the 2nd quarter. Baird Financial Group Inc. now owns 50,392 shares of the company’s stock valued at $2,620,000 after purchasing an additional 1,038 shares during the last quarter.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance
GEM stock traded down $0.70 during trading on Wednesday, reaching $51.35. 72,676 shares of the company were exchanged, compared to its average volume of 135,136. The company has a 50-day moving average of $51.00 and a two-hundred day moving average of $49.67. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 13.33 and a beta of 0.71. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a twelve month low of $39.63 and a twelve month high of $54.29.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF 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. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.
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