Truist Financial Corp Has $665,000 Stock Position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Truist Financial Corp raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 10.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 20,370 shares of the company’s stock after purchasing an additional 1,980 shares during the period. Truist Financial Corp’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $665,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Kathmere Capital Management LLC bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter worth approximately $207,000. Arvest Trust Co. N A raised its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.3% during the second quarter. Arvest Trust Co. N A now owns 1,218,153 shares of the company’s stock worth $39,797,000 after acquiring an additional 3,398 shares in the last quarter. SigFig Wealth Management LLC lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.0% during the second quarter. SigFig Wealth Management LLC now owns 3,147,510 shares of the company’s stock valued at $102,829,000 after acquiring an additional 31,562 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 554,451 shares of the company’s stock valued at $18,114,000 after purchasing an additional 20,774 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.6% in the 2nd quarter. LPL Financial LLC now owns 1,499,824 shares of the company’s stock worth $48,999,000 after purchasing an additional 51,990 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 2.1 %

Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $34.40 on Wednesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $27.54 and a 12-month high of $36.16. The stock has a market capitalization of $1.02 billion, a P/E ratio of 10.62 and a beta of 0.79. The company has a 50-day simple moving average of $33.64 and a 200 day simple moving average of $32.77.

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.