Golden State Wealth Management LLC purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Free Report) in the 4th quarter, Holdings Channel reports. The firm purchased 38,668 shares of the company’s stock, valued at approximately $1,234,000.
A number of other institutional investors also recently made changes to their positions in the stock. Blue Trust Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter valued at $50,000. Wilmington Savings Fund Society FSB purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at about $136,000. Naviter Wealth LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth about $204,000. Raymond James Trust N.A. purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $216,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the second quarter valued at approximately $220,000.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance
Shares of GEM opened at $32.80 on Friday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $29.87 and a 1 year high of $36.16. The company’s 50 day simple moving average is $32.62 and its 200 day simple moving average is $33.22. The company has a market capitalization 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 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.
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