American National Bank & Trust lifted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Free Report) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 195,075 shares of the company’s stock after purchasing an additional 19,133 shares during the period. American National Bank & Trust owned 0.67% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $8,119,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in GEM. Betterment LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 19.2% during the 2nd quarter. Betterment LLC now owns 2,098,854 shares of the company’s stock worth $78,098,000 after buying an additional 338,086 shares during the period. Marshall Wace LLP raised its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 722.4% in the 2nd quarter. Marshall Wace LLP now owns 147,817 shares of the company’s stock worth $5,500,000 after purchasing an additional 129,843 shares in the last quarter. Jane Street Group LLC raised its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 932.6% in the 2nd quarter. Jane Street Group LLC now owns 131,318 shares of the company’s stock worth $4,886,000 after purchasing an additional 118,601 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 12.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 915,829 shares of the company’s stock valued at $37,302,000 after purchasing an additional 100,365 shares during the period. Finally, Keebeck Wealth Management boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 204.8% in the 3rd quarter. Keebeck Wealth Management now owns 94,071 shares of the company’s stock valued at $3,832,000 after purchasing an additional 63,206 shares during the period.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance
Shares of NYSEARCA GEM opened at $43.13 on Friday. The business has a fifty day moving average price of $44.98 and a two-hundred day moving average price of $42.94. The stock has a market capitalization of $1.27 billion, a PE ratio of 13.33 and a beta of 0.62. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $29.19 and a fifty-two week high of $48.25.
About Goldman Sachs ActiveBeta Emerging Markets Equity ETF
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.
Featured Articles
Receive News & Ratings for Goldman Sachs ActiveBeta Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs ActiveBeta Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
