First Foundation Advisors Has $13.26 Million Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

First Foundation Advisors increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 6.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 423,191 shares of the company’s stock after buying an additional 27,126 shares during the quarter. First Foundation Advisors’ holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $13,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Archford Capital Strategies LLC lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.9% during the 4th quarter. Archford Capital Strategies LLC now owns 191,642 shares of the company’s stock worth $5,881,000 after buying an additional 5,358 shares during the period. CoreCap Advisors LLC boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.9% in the fourth quarter. CoreCap Advisors LLC now owns 126,993 shares of the company’s stock valued at $3,897,000 after acquiring an additional 3,611 shares during the last quarter. Destiny Wealth Partners LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 9.1% during the 4th quarter. Destiny Wealth Partners LLC now owns 317,916 shares of the company’s stock valued at $9,563,000 after purchasing an additional 26,455 shares during the period. Pallas Capital Advisors LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 4th quarter worth approximately $5,011,000. Finally, Arvest Investments Inc. bought a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at $14,488,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of GEM traded down $0.37 during trading hours on Friday, hitting $32.68. 40,914 shares of the stock were exchanged, compared to its average volume of 109,473. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $27.54 and a fifty-two week high of $34.13. The business has a 50-day moving average of $32.83 and a 200-day moving average of $31.49. The firm has a market capitalization of $967.33 million, a P/E ratio of 10.62 and a beta of 0.79.

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.