Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Holdings Raised by Truist Financial Corp

Truist Financial Corp lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 8.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,996 shares of the company’s stock after purchasing an additional 1,918 shares during the quarter. Truist Financial Corp owned approximately 0.09% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $893,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Independence Bank of Kentucky acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter worth $32,000. U.S. Capital Wealth Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 1st quarter worth $202,000. Syntegra Private Wealth Group LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 1st quarter worth $285,000. Inscription Capital LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 1st quarter worth $283,000. Finally, Comerica Bank increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 27.9% during the 1st quarter. Comerica Bank now owns 11,941 shares of the company’s stock worth $396,000 after purchasing an additional 2,602 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Up 2.9%

Shares of GEM opened at $40.88 on Tuesday. The company’s fifty day moving average is $39.57 and its 200-day moving average is $36.68. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12 month low of $29.19 and a 12 month high of $41.62. The firm has a market cap of $1.14 billion, a price-to-earnings 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.