Cambridge Investment Research Advisors Inc. Sells 1,373 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Cambridge Investment Research Advisors Inc. cut its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 12.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,917 shares of the company’s stock after selling 1,373 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $329,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of GEM. Bank of Montreal Can bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter valued at $41,000. Jones Financial Companies Lllp lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 32.3% in the fourth quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock valued at $114,000 after buying an additional 871 shares in the last quarter. Vise Technologies Inc. bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter valued at $212,000. Orion Portfolio Solutions LLC lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 14.1% in the fourth quarter. Orion Portfolio Solutions LLC now owns 7,574 shares of the company’s stock valued at $242,000 after buying an additional 937 shares in the last quarter. Finally, LifePlan Investment Advisors Inc. bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter valued at $243,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

GEM opened at $37.18 on Friday. The company’s 50-day moving average is $35.88 and its 200 day moving average is $33.76. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $29.19 and a fifty-two week high of $37.64. The firm has a market capitalization of $1.03 billion, a P/E ratio of 13.33 and a beta of 0.72.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Company 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.