Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Sees Strong Trading Volume – Should You Buy?

Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) shares saw unusually-high trading volume on Monday . Approximately 222,544 shares changed hands during trading, an increase of 107% from the previous session’s volume of 107,414 shares.The stock last traded at $33.92 and had previously closed at $33.72.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 0.6 %

The firm has a market cap of $885.78 million, a price-to-earnings ratio of 13.52 and a beta of 0.72. The company has a 50-day moving average price of $33.08 and a 200 day moving average price of $33.40.

Institutional Trading of Goldman Sachs ActiveBeta Emerging Markets Equity ETF

A number of institutional investors have recently bought and sold shares of GEM. Private Trust Co. NA lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% in the fourth quarter. Private Trust Co. NA now owns 1,633 shares of the company’s stock valued at $52,000 after acquiring an additional 452 shares during the last quarter. Atria Wealth Solutions Inc. boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 25,386 shares of the company’s stock worth $810,000 after purchasing an additional 464 shares in the last quarter. CreativeOne Wealth LLC boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% in the third quarter. CreativeOne Wealth LLC now owns 13,698 shares of the company’s stock worth $481,000 after purchasing an additional 496 shares in the last quarter. Edge Financial Advisors LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.4% during the fourth quarter. Edge Financial Advisors LLC now owns 23,833 shares of the company’s stock worth $761,000 after buying an additional 562 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.2% during the third quarter. Sanctuary Advisors LLC now owns 7,595 shares of the company’s stock valued at $252,000 after buying an additional 578 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Company 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.