Clay Northam Wealth Management LLC Sells 1,697 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Clay Northam Wealth Management LLC trimmed its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 2.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,853 shares of the company’s stock after selling 1,697 shares during the period. Goldman Sachs ActiveBeta Emerging Markets Equity ETF makes up 1.5% of Clay Northam Wealth Management LLC’s portfolio, making the stock its 14th biggest holding. Clay Northam Wealth Management LLC owned approximately 0.20% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $1,955,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter valued at about $37,000. GPS Wealth Strategies Group LLC grew its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 30.1% during the second quarter. GPS Wealth Strategies Group LLC now owns 1,332 shares of the company’s stock worth $44,000 after buying an additional 308 shares during the last quarter. Morris Financial Concepts Inc. grew its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 34.4% during the first quarter. Morris Financial Concepts Inc. now owns 2,027 shares of the company’s stock worth $64,000 after buying an additional 519 shares during the last quarter. International Assets Investment Management LLC bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter worth about $70,000. Finally, Hexagon Capital Partners LLC grew its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.5% during the first quarter. Hexagon Capital Partners LLC now owns 9,214 shares of the company’s stock worth $289,000 after buying an additional 2,099 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock traded up $0.41 during trading hours on Friday, hitting $33.31. 63,406 shares of the stock were exchanged, compared to its average volume of 115,778. The stock has a market capitalization of $985.98 million, a P/E ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12 month low of $27.54 and a 12 month high of $34.13. The business’s 50-day moving average is $32.72 and its two-hundred day moving average is $31.89.

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.