Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Shares Acquired by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 202.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,449 shares of the company’s stock after acquiring an additional 7,665 shares during the quarter. Morris Financial Concepts Inc.’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $365,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GEM. Blue Trust Inc. acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $50,000. Wilmington Savings Fund Society FSB acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at about $136,000. Naviter Wealth LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at about $204,000. Raymond James Trust N.A. acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at about $216,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter valued at approximately $220,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $33.18 on Thursday. The company’s 50 day simple moving average is $32.59 and its 200-day simple moving average is $33.24. The company has a market capitalization of $982.13 million, a price-to-earnings ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $29.87 and a 1 year high of $36.16.

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.