Golden State Equity Partners Has $1.66 Million Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Golden State Equity Partners lowered its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 5.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 47,307 shares of the company’s stock after selling 2,654 shares during the period. Golden State Equity Partners owned 0.16% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $1,661,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of GEM. GPS Wealth Strategies Group LLC lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 30.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,332 shares of the company’s stock worth $44,000 after purchasing an additional 308 shares during the last quarter. Blue Trust Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth $50,000. Morris Financial Concepts Inc. grew its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 24.1% in the second quarter. Morris Financial Concepts Inc. now owns 2,515 shares of the company’s stock valued at $82,000 after acquiring an additional 488 shares in the last quarter. Naviter Wealth LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $204,000. Finally, Kathmere Capital Management LLC acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter worth about $207,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 1.1 %

Shares of NYSEARCA:GEM traded down $0.38 on Wednesday, reaching $33.97. 147 shares of the company’s stock were exchanged, compared to its average volume of 99,314. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a twelve month low of $27.63 and a twelve month high of $36.16. The company has a fifty day moving average of $34.02 and a 200-day moving average of $32.99. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 10.62 and a beta of 0.79.

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.