Atwood & Palmer Inc. Lowers Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Atwood & Palmer Inc. reduced its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 17.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,705 shares of the company’s stock after selling 12,595 shares during the period. Atwood & Palmer Inc. owned approximately 0.21% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $2,166,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. GPS Wealth Strategies Group LLC boosted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 30.1% during the 2nd 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 last quarter. Morris Financial Concepts Inc. boosted its position in shares of 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 valued at $64,000 after buying an additional 519 shares during the last quarter. Kathmere Capital Management LLC bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter worth about $207,000. Sanctuary Advisors LLC purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter worth about $220,000. Finally, Hexagon Capital Partners LLC lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.5% during the 1st quarter. Hexagon Capital Partners LLC now owns 9,214 shares of the company’s stock valued at $289,000 after acquiring an additional 2,099 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Up 1.0 %

Shares of GEM stock opened at $36.14 on Tuesday. The company has a 50 day moving average price of $33.28 and a 200-day moving average price of $32.62. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52 week low of $27.54 and a 52 week high of $36.16. The firm has a market capitalization of $1.07 billion, a PE 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.