Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 5.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 141,072 shares of the company’s stock after selling 8,121 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.48% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $4,421,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GEM. Elmwood Wealth Management Inc. lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.0% in the third quarter. Elmwood Wealth Management Inc. now owns 26,958 shares of the company’s stock valued at $773,000 after purchasing an additional 780 shares during the period. First Foundation Advisors boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 6.1% in the third quarter. First Foundation Advisors now owns 325,072 shares of the company’s stock valued at $9,318,000 after buying an additional 18,817 shares in the last quarter. Anchor Investment Management LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter valued at approximately $2,635,000. Archford Capital Strategies LLC grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.9% during the fourth quarter. Archford Capital Strategies LLC now owns 191,642 shares of the company’s stock worth $5,881,000 after acquiring an additional 5,358 shares during the period. Finally, CoreCap Advisors LLC raised its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.9% in the fourth quarter. CoreCap Advisors LLC now owns 126,993 shares of the company’s stock worth $3,897,000 after acquiring an additional 3,611 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Up 0.2 %

NYSEARCA:GEM opened at $32.81 on Wednesday. The firm’s fifty day simple moving average is $32.41 and its 200-day simple moving average is $31.22. The stock has a market cap of $971.18 million, a PE ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $27.54 and a fifty-two week high of $33.36.

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.