Clearwater Capital Advisors LLC Sells 10,027 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Clearwater Capital Advisors LLC decreased its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,586 shares of the company’s stock after selling 10,027 shares during the period. Clearwater Capital Advisors LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $4,200,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GEM. Raymond James Trust N.A. bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at approximately $216,000. CreativeOne Wealth LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 13,698 shares of the company’s stock valued at $481,000 after acquiring an additional 496 shares during the period. HighTower Advisors LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 26.3% in the 3rd quarter. HighTower Advisors LLC now owns 9,831 shares of the company’s stock valued at $345,000 after acquiring an additional 2,045 shares during the period. Integrated Wealth Concepts LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 10.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 13,066 shares of the company’s stock valued at $459,000 after acquiring an additional 1,289 shares during the period. Finally, Jane Street Group LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.5% in the 3rd quarter. Jane Street Group LLC now owns 298,175 shares of the company’s stock valued at $10,469,000 after acquiring an additional 67,904 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA GEM opened at $33.79 on Monday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52-week low of $30.36 and a 52-week high of $36.16. The firm has a 50 day moving average price of $32.75 and a two-hundred day moving average price of $33.34. The stock has a market cap of $888.68 million, a P/E ratio of 13.52 and a beta of 0.72.

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.