14,251 Shares in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Bought by World Investment Advisors

World Investment Advisors acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) during the fourth quarter, Holdings Channel reports. The firm acquired 14,251 shares of the company’s stock, valued at approximately $593,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Edge Financial Advisors LLC raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.2% in the fourth quarter. Edge Financial Advisors LLC now owns 19,242 shares of the company’s stock worth $799,000 after buying an additional 422 shares in the last quarter. Orion Porfolio Solutions LLC raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.7% in the second quarter. Orion Porfolio Solutions LLC now owns 11,109 shares of the company’s stock worth $413,000 after buying an additional 497 shares in the last quarter. IAG Wealth Partners LLC raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.0% in the third quarter. IAG Wealth Partners LLC now owns 17,640 shares of the company’s stock worth $718,000 after buying an additional 513 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 27.8% in the third quarter. Jones Financial Companies Lllp now owns 2,930 shares of the company’s stock worth $118,000 after buying an additional 637 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.7% in the first quarter. NewEdge Advisors LLC now owns 19,778 shares of the company’s stock worth $656,000 after buying an additional 883 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 0.9%

GEM opened at $48.76 on Wednesday. The stock has a market cap of $1.57 billion, a PE ratio of 13.33 and a beta of 0.68. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52 week low of $34.57 and a 52 week high of $51.53. The business’s fifty day simple moving average is $46.26 and its 200 day simple moving average is $44.44.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF 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. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.