1900 Wealth Management LLC Has $4.22 Million Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

1900 Wealth Management LLC decreased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 7.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 132,038 shares of the company’s stock after selling 11,016 shares during the quarter. 1900 Wealth Management LLC owned approximately 0.45% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $4,215,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in GEM. Blue Trust Inc. bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth about $50,000. Wilmington Savings Fund Society FSB bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $136,000. Naviter Wealth LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter valued at approximately $204,000. Raymond James Trust N.A. acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter valued at approximately $216,000. Finally, Sanctuary Advisors LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the second quarter valued at approximately $220,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Up 0.4 %

Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $32.80 on Friday. The stock has a market cap of $970.88 million, a P/E ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $29.87 and a 12-month high of $36.16. The business’s 50 day moving average is $32.62 and its 200-day moving average is $33.22.

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.