Hexagon Capital Partners LLC Raises Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Hexagon Capital Partners LLC raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 29.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,214 shares of the company’s stock after buying an additional 2,099 shares during the quarter. Hexagon Capital Partners LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $289,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. EverSource Wealth Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter worth about $37,000. Morris Financial Concepts Inc. increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 36.2% during the 4th quarter. Morris Financial Concepts Inc. now owns 1,508 shares of the company’s stock valued at $46,000 after buying an additional 401 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter valued at $70,000. Private Advisor Group LLC boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% in the fourth quarter. Private Advisor Group LLC now owns 10,911 shares of the company’s stock worth $335,000 after acquiring an additional 3,021 shares in the last quarter. Finally, Lincoln National Corp raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 89.8% in the 4th quarter. Lincoln National Corp now owns 13,366 shares of the company’s stock worth $410,000 after purchasing an additional 6,322 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of GEM stock opened at $32.73 on Tuesday. The company has a market capitalization of $968.66 million, a price-to-earnings ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $27.54 and a one year high of $33.36. The company’s 50-day moving average is $32.37 and its 200 day moving average is $31.20.

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.