1900 Wealth Management LLC Has $4.22 Million Stock Position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

1900 Wealth Management LLC cut its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 7.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 132,038 shares of the company’s stock after selling 11,016 shares during the period. 1900 Wealth Management LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $4,215,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. CENTRAL TRUST Co boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 55.8% in the 4th quarter. CENTRAL TRUST Co now owns 92,497 shares of the company’s stock valued at $2,953,000 after purchasing an additional 33,120 shares during the period. Destiny Wealth Partners LLC boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.4% in the fourth quarter. Destiny Wealth Partners LLC now owns 152,987 shares of the company’s stock valued at $4,883,000 after buying an additional 2,107 shares during the period. Edge Financial Advisors LLC grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.4% during the fourth quarter. Edge Financial Advisors LLC now owns 23,833 shares of the company’s stock worth $761,000 after buying an additional 562 shares in the last quarter. Elmwood Wealth Management Inc. grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.9% during the fourth quarter. Elmwood Wealth Management Inc. now owns 26,733 shares of the company’s stock worth $853,000 after buying an additional 1,000 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $2,205,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

NYSEARCA:GEM opened at $32.80 on Friday. The company has a market cap of $970.88 million, a price-to-earnings ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $29.87 and a fifty-two week high of $36.16. The stock has a fifty day moving average price of $32.62 and a 200-day moving average price of $33.22.

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.