HB Wealth Management LLC lessened its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Free Report) by 3.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 910,914 shares of the company’s stock after selling 29,100 shares during the period. HB Wealth Management LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $47,368,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of GEM. Wells Fargo & Company MN boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 7.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,127,553 shares of the company’s stock valued at $171,789,000 after acquiring an additional 276,247 shares during the last quarter. Royal Bank of Canada raised its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 55.9% in the first quarter. Royal Bank of Canada now owns 486,143 shares of the company’s stock valued at $21,001,000 after purchasing an additional 174,317 shares in the last quarter. Marshall Wace LLP lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 722.4% during the second quarter. Marshall Wace LLP now owns 147,817 shares of the company’s stock valued at $5,500,000 after purchasing an additional 129,843 shares during the last quarter. Jane Street Group LLC grew its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 932.6% in the 2nd quarter. Jane Street Group LLC now owns 131,318 shares of the company’s stock worth $4,886,000 after buying an additional 118,601 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 202.6% in the 4th quarter. Elevation Point Wealth Partners LLC now owns 151,736 shares of the company’s stock worth $6,315,000 after buying an additional 101,591 shares during the last quarter.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance
Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $52.43 on Friday. The firm’s fifty day moving average price is $50.25 and its 200-day moving average price is $48.71. The stock has a market cap of $1.79 billion, a P/E ratio of 13.33 and a beta of 0.71. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $38.72 and a fifty-two week 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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