15,270 Shares in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Acquired by Empirical Asset Management LLC

Empirical Asset Management LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 15,270 shares of the company’s stock, valued at approximately $622,000. Empirical Asset Management LLC owned approximately 0.05% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of GEM. Salomon & Ludwin LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter valued at $25,000. Bank of Montreal Can bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter valued at about $37,000. Root Financial Partners LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter valued at about $42,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 171.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,560 shares of the company’s stock valued at $58,000 after acquiring an additional 985 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 27.8% in the third quarter. Jones Financial Companies Lllp now owns 2,930 shares of the company’s stock worth $118,000 after acquiring an additional 637 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Up 1.2%

GEM opened at $48.24 on Thursday. The firm has a 50 day moving average price of $44.39 and a 200-day moving average price of $42.01. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a twelve month low of $29.19 and a twelve month high of $48.25. The stock has a market capitalization of $1.42 billion, a price-to-earnings 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. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.