Arvest Investments Inc. Has $17.06 Million Stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Arvest Investments Inc. decreased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 3.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 409,963 shares of the company’s stock after selling 12,818 shares during the period. Goldman Sachs ActiveBeta Emerging Markets Equity ETF comprises approximately 2.4% of Arvest Investments Inc.’s holdings, making the stock its 11th largest holding. Arvest Investments Inc. owned 1.41% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $17,063,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Global Retirement Partners LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.6% in the 3rd quarter. Global Retirement Partners LLC now owns 8,440 shares of the company’s stock valued at $344,000 after buying an additional 372 shares during the last quarter. Centaurus Financial Inc. raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 11.3% during the second quarter. Centaurus Financial Inc. now owns 4,200 shares of the company’s stock worth $156,000 after acquiring an additional 425 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.7% in the second quarter. Orion Porfolio Solutions LLC now owns 11,109 shares of the company’s stock valued at $413,000 after acquiring an additional 497 shares during the last quarter. IAG Wealth Partners LLC boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.0% in the third quarter. IAG Wealth Partners LLC now owns 17,640 shares of the company’s stock valued at $718,000 after acquiring an additional 513 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter valued at approximately $25,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $43.13 on Friday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52-week low of $29.19 and a 52-week high of $48.25. The firm has a 50 day moving average price of $44.98 and a two-hundred day moving average price of $42.94. The firm has a market cap of $1.27 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.