Arvest Bank Trust Division trimmed its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Free Report) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,212,184 shares of the company’s stock after selling 7,238 shares during the period. Goldman Sachs ActiveBeta Emerging Markets Equity ETF comprises about 2.6% of Arvest Bank Trust Division’s portfolio, making the stock its 8th largest position. Arvest Bank Trust Division owned approximately 4.38% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $45,105,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the business. CENTRAL TRUST Co increased its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.1% during the second quarter. CENTRAL TRUST Co now owns 104,317 shares of the company’s stock valued at $3,882,000 after buying an additional 4,107 shares during the period. Bank of Montreal Can purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter valued at $37,000. Strategic Financial Services Inc. raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 13.8% in the 2nd quarter. Strategic Financial Services Inc. now owns 245,844 shares of the company’s stock worth $9,148,000 after acquiring an additional 29,787 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 815,464 shares of the company’s stock worth $30,343,000 after purchasing an additional 36,621 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 15.9% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 10,197 shares of the company’s stock worth $379,000 after purchasing an additional 1,400 shares during the last quarter.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance
GEM opened at $42.53 on Thursday. The business’s 50-day moving average is $41.12 and its two-hundred day moving average is $38.23. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $29.19 and a 1 year high of $42.92. The firm has a market capitalization of $1.19 billion, a PE ratio of 13.33 and a beta of 0.62.
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.
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