GFG Capital LLC Sells 750 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

GFG Capital LLC reduced its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 159,510 shares of the company’s stock after selling 750 shares during the period. Goldman Sachs ActiveBeta Emerging Markets Equity ETF accounts for approximately 1.3% of GFG Capital LLC’s portfolio, making the stock its 20th largest position. GFG Capital LLC owned 0.54% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $5,092,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of GEM. Arvest Bank Trust Division purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth $42,728,000. 1900 Wealth Management LLC increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 32.7% in the 3rd quarter. 1900 Wealth Management LLC now owns 287,665 shares of the company’s stock worth $10,100,000 after buying an additional 70,854 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.5% in the 3rd quarter. Jane Street Group LLC now owns 298,175 shares of the company’s stock worth $10,469,000 after buying an additional 67,904 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter worth about $2,205,000. Finally, Golden State Wealth Management LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 4th quarter valued at about $1,234,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of GEM stock opened at $33.28 on Friday. The company has a market capitalization of $985.09 million, a P/E ratio of 10.62 and a beta of 0.79. The company’s 50-day simple moving average is $32.59 and its two-hundred day simple moving average is $33.24. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $30.26 and a one year high of $36.16.

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.