Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM is Arvest Bank Trust Division’s 8th Largest Position

Arvest Bank Trust Division lowered its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 3.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,164,825 shares of the company’s stock after selling 47,359 shares during the quarter. Goldman Sachs ActiveBeta Emerging Markets Equity ETF comprises about 2.6% of Arvest Bank Trust Division’s holdings, making the stock its 8th largest position. Arvest Bank Trust Division owned 4.16% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $47,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the stock. Salomon & Ludwin LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $25,000. Bank of Montreal Can purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter valued at $37,000. Root Financial Partners LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth $42,000. Steward Partners Investment Advisory LLC raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 171.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,560 shares of the company’s stock worth $58,000 after buying an additional 985 shares during the period. Finally, Private Trust Co. NA raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.6% in the 2nd quarter. Private Trust Co. NA now owns 2,149 shares of the company’s stock worth $80,000 after buying an additional 491 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.3%

GEM stock opened at $46.60 on Tuesday. The stock has a 50-day moving average price of $43.62 and a two-hundred day moving average price of $41.58. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $29.19 and a 12-month high of $47.08. The company has a market cap of $1.37 billion, a PE ratio of 13.33 and a beta of 0.62.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF 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.