JPMorgan Chase & Co. Takes $2.21 Million Position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

JPMorgan Chase & Co. acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 62,808 shares of the company’s stock, valued at approximately $2,205,000. JPMorgan Chase & Co. owned about 0.21% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in GEM. CreativeOne Wealth LLC boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% during the 3rd quarter. CreativeOne Wealth LLC now owns 13,698 shares of the company’s stock worth $481,000 after purchasing an additional 496 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.2% in the third quarter. Sanctuary Advisors LLC now owns 7,595 shares of the company’s stock valued at $252,000 after buying an additional 578 shares during the period. Integrated Wealth Concepts LLC raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 10.9% in the third quarter. Integrated Wealth Concepts LLC now owns 13,066 shares of the company’s stock valued at $459,000 after buying an additional 1,289 shares during the period. Blue Trust Inc. purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at approximately $50,000. Finally, Gladstone Institutional Advisory LLC raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.6% in the third quarter. Gladstone Institutional Advisory LLC now owns 118,246 shares of the company’s stock valued at $4,152,000 after buying an additional 1,830 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Up 1.0 %

GEM opened at $32.39 on Wednesday. The firm has a market capitalization of $958.74 million, a P/E ratio of 10.62 and a beta of 0.79. The firm’s 50 day moving average is $32.77 and its 200-day moving average is $33.30. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52-week low of $28.99 and a 52-week high of $36.16.

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.