Bank of New York Mellon Corp Raises Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Bank of New York Mellon Corp increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 8.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,606 shares of the company’s stock after purchasing an additional 2,079 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.09% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $817,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter valued at approximately $136,000. Raymond James Trust N.A. acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at $216,000. Global Retirement Partners LLC increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 47.2% during the 4th quarter. Global Retirement Partners LLC now owns 6,778 shares of the company’s stock valued at $216,000 after acquiring an additional 2,173 shares during the last quarter. Orion Portfolio Solutions LLC purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $233,000. Finally, CogentBlue Wealth Advisors LLC purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter worth $245,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 0.1 %

Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $33.87 on Wednesday. The stock has a market capitalization of $890.78 million, a P/E ratio of 13.52 and a beta of 0.72. The business’s fifty day moving average price is $33.08 and its 200 day moving average price is $33.40. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a twelve month low of $30.36 and a twelve month high of $36.16.

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.