EP Wealth Advisors LLC Sells 882 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

EP Wealth Advisors LLC reduced its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 2.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,505 shares of the company’s stock after selling 882 shares during the quarter. EP Wealth Advisors LLC owned 0.10% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $1,036,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 30.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,332 shares of the company’s stock worth $44,000 after buying an additional 308 shares in the last quarter. Morris Financial Concepts Inc. increased its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 24.1% in the 2nd quarter. Morris Financial Concepts Inc. now owns 2,515 shares of the company’s stock worth $82,000 after acquiring an additional 488 shares in the last quarter. CreativeOne Wealth LLC raised its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% during the 3rd quarter. CreativeOne Wealth LLC now owns 13,698 shares of the company’s stock worth $481,000 after acquiring an additional 496 shares during the period. Bank of New York Mellon Corp lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% during the second quarter. Bank of New York Mellon Corp now owns 23,112 shares of the company’s stock valued at $755,000 after purchasing an additional 847 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 10.9% in the third quarter. Integrated Wealth Concepts LLC now owns 13,066 shares of the company’s stock worth $459,000 after purchasing an additional 1,289 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of GEM stock opened at $33.75 on Wednesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $28.75 and a one year high of $36.16. The company’s fifty day moving average price is $34.11 and its 200-day moving average price is $33.33. The company has a market capitalization of $999 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.