Golden State Wealth Management LLC Buys New Stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Golden State Wealth Management LLC purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEMFree 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

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding GEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEMFree Report).

Institutional Ownership by Quarter for Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Receive News & Ratings for Goldman Sachs ActiveBeta Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs ActiveBeta Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.