Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Shares Sold by Altfest L J & Co. Inc.

Altfest L J & Co. Inc. trimmed its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 12.3% during the fourth quarter, Holdings Channel reports. The firm owned 47,033 shares of the company’s stock after selling 6,609 shares during the quarter. Altfest L J & Co. Inc.’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $1,443,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. CoreCap Advisors LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.9% during the fourth quarter. CoreCap Advisors LLC now owns 126,993 shares of the company’s stock worth $3,897,000 after acquiring an additional 3,611 shares during the last quarter. Archford Capital Strategies LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.9% during the fourth quarter. Archford Capital Strategies LLC now owns 191,642 shares of the company’s stock worth $5,881,000 after acquiring an additional 5,358 shares during the last quarter. Anchor Investment Management LLC bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter worth about $2,635,000. Comerica Bank bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $458,000. Finally, First Foundation Advisors grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 6.1% during the third quarter. First Foundation Advisors now owns 325,072 shares of the company’s stock worth $9,318,000 after acquiring an additional 18,817 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 0.1 %

GEM traded down $0.02 on Wednesday, reaching $31.22. The company had a trading volume of 52,521 shares, compared to its average volume of 133,553. The company has a fifty day moving average of $30.52 and a 200-day moving average of $29.73. The company has a market capitalization of $1.02 billion, a P/E ratio of 9.32 and a beta of 0.72. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $27.54 and a one year high of $31.66.

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.