Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Shares Acquired by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC boosted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 119,813 shares of the company’s stock after acquiring an additional 1,567 shares during the quarter. Gladstone Institutional Advisory LLC owned 0.40% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $3,824,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Truist Financial Corp lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 10.8% during the second quarter. Truist Financial Corp now owns 20,370 shares of the company’s stock worth $665,000 after purchasing an additional 1,980 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the second quarter valued at $220,000. Naviter Wealth LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at $204,000. Blue Trust Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $50,000. Finally, CENTRAL TRUST Co lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 12.1% in the 3rd quarter. CENTRAL TRUST Co now owns 59,377 shares of the company’s stock valued at $2,085,000 after purchasing an additional 6,406 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 0.2 %

Shares of NYSEARCA GEM opened at $33.02 on Wednesday. The stock has a market cap of $977.39 million, a PE ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52-week low of $29.87 and a 52-week high of $36.16. The business has a 50-day moving average price of $32.60 and a 200 day moving average price of $33.23.

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.