Clearwater Capital Advisors LLC Has $4.89 Million Stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Clearwater Capital Advisors LLC reduced its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 7.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 149,688 shares of the company’s stock after selling 11,344 shares during the period. Clearwater Capital Advisors LLC owned 0.51% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $4,890,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in GEM. EverSource Wealth Advisors LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 4th quarter worth approximately $37,000. GPS Wealth Strategies Group LLC grew its holdings 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 valued at $44,000 after purchasing an additional 308 shares during the period. Morris Financial Concepts Inc. increased its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 34.4% in the 1st quarter. Morris Financial Concepts Inc. now owns 2,027 shares of the company’s stock worth $64,000 after acquiring an additional 519 shares during the last quarter. Hexagon Capital Partners LLC raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.5% in the first quarter. Hexagon Capital Partners LLC now owns 9,214 shares of the company’s stock valued at $289,000 after purchasing an additional 2,099 shares during the period. Finally, &PARTNERS purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter valued at approximately $318,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock traded down $0.54 during trading hours on Friday, reaching $32.13. The company had a trading volume of 42,222 shares, compared to its average volume of 110,156. The firm has a market cap of $951.05 million, a PE ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $27.54 and a one year high of $34.13. The business has a fifty day simple moving average of $32.88 and a 200 day simple moving average of $32.17.

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.