Worth Financial Advisory Group LLC Cuts Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Worth Financial Advisory Group LLC decreased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 4.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 13,703 shares of the company’s stock after selling 596 shares during the period. Worth Financial Advisory Group LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $510,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Destiny Wealth Partners LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.3% in the 2nd quarter. Destiny Wealth Partners LLC now owns 163,880 shares of the company’s stock worth $6,098,000 after buying an additional 5,246 shares during the last quarter. Anchor Investment Management LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 5.6% in the 1st quarter. Anchor Investment Management LLC now owns 109,283 shares of the company’s stock worth $3,626,000 after buying an additional 5,777 shares during the last quarter. Prostatis Group LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 36.6% in the 1st quarter. Prostatis Group LLC now owns 15,901 shares of the company’s stock worth $528,000 after buying an additional 4,259 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 16.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,727,982 shares of the company’s stock worth $90,514,000 after buying an additional 379,423 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.7% in the 1st quarter. NewEdge Advisors LLC now owns 19,778 shares of the company’s stock worth $656,000 after buying an additional 883 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 0.2%

Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $40.27 on Friday. The firm’s 50 day moving average price is $38.87 and its 200-day moving average price is $36.11. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52-week low of $29.19 and a 52-week high of $41.10. The company has a market cap of $1.12 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.