Baird Financial Group Inc. Purchases 11,279 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Baird Financial Group Inc. raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 38.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,669 shares of the company’s stock after purchasing an additional 11,279 shares during the period. Baird Financial Group Inc. owned 0.15% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $1,349,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of GEM. Ameriprise Financial Inc. bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter valued at $301,000. Bank of America Corp DE grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.9% during the fourth quarter. Bank of America Corp DE now owns 484,712 shares of the company’s stock valued at $15,472,000 after purchasing an additional 18,224 shares during the period. Cetera Investment Advisers grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 17.2% during the fourth quarter. Cetera Investment Advisers now owns 308,505 shares of the company’s stock valued at $9,847,000 after purchasing an additional 45,291 shares during the period. LifePlan Investment Advisors Inc. bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter valued at $243,000. Finally, Vise Technologies Inc. bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter worth $212,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $39.22 on Tuesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $29.19 and a one year high of $39.22. The business has a fifty day moving average price of $38.04 and a 200-day moving average price of $35.42. The firm has a market capitalization of $1.09 billion, a P/E ratio of 13.33 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.