Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 12.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 915,829 shares of the company’s stock after buying an additional 100,365 shares during the period. Envestnet Asset Management Inc. owned 3.27% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $37,302,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Global Retirement Partners LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.6% during the third quarter. Global Retirement Partners LLC now owns 8,440 shares of the company’s stock worth $344,000 after acquiring an additional 372 shares during the last quarter. Centaurus Financial Inc. boosted its stake in 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 worth $156,000 after purchasing an additional 425 shares during the period. Private Trust Co. NA grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.6% during the 2nd quarter. Private Trust Co. NA now owns 2,149 shares of the company’s stock worth $80,000 after purchasing an additional 491 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in 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 worth $413,000 after purchasing an additional 497 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at $25,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:GEM opened at $46.22 on Wednesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $29.19 and a one year high of $46.38. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 13.33 and a beta of 0.62. The company has a 50-day simple moving average of $43.23 and a 200-day simple moving average of $41.33.

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.