Apella Capital LLC Has $12.09 Million Stock Position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Apella Capital LLC cut its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 13.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 291,479 shares of the company’s stock after selling 46,808 shares during the period. Apella Capital LLC owned 1.04% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $12,085,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Private Trust Co. NA increased its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 325.6% in the third quarter. Private Trust Co. NA now owns 9,146 shares of the company’s stock worth $373,000 after buying an additional 6,997 shares during the last quarter. Destiny Wealth Partners LLC grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.9% in the third quarter. Destiny Wealth Partners LLC now owns 168,681 shares of the company’s stock worth $6,870,000 after acquiring an additional 4,801 shares in the last quarter. Osaic Holdings Inc. increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 13.3% during the 2nd quarter. Osaic Holdings Inc. now owns 28,852 shares of the company’s stock worth $1,073,000 after purchasing an additional 3,398 shares during the last quarter. Centaurus Financial Inc. raised its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 11.3% during the 2nd quarter. Centaurus Financial Inc. now owns 4,200 shares of the company’s stock valued at $156,000 after purchasing an additional 425 shares in the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 11,109 shares of the company’s stock valued at $413,000 after purchasing an additional 497 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.8%

GEM stock opened at $41.72 on Friday. The firm has a market cap of $1.17 billion, a PE ratio of 13.33 and a beta of 0.62. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $29.19 and a 1 year high of $42.92. The company has a fifty day simple moving average of $41.75 and a 200 day simple moving average of $39.73.

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. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.