Wealthspire Advisors LLC Acquires New Position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Wealthspire Advisors LLC bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 115,038 shares of the company’s stock, valued at approximately $3,531,000. Wealthspire Advisors LLC owned 0.35% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Morris Financial Concepts Inc. grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 36.2% during the 4th quarter. Morris Financial Concepts Inc. now owns 1,508 shares of the company’s stock worth $46,000 after acquiring an additional 401 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter valued at approximately $70,000. Private Advisor Group LLC raised its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% in the fourth quarter. Private Advisor Group LLC now owns 10,911 shares of the company’s stock worth $335,000 after buying an additional 3,021 shares in the last quarter. Lincoln National Corp lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 89.8% during the fourth quarter. Lincoln National Corp now owns 13,366 shares of the company’s stock worth $410,000 after buying an additional 6,322 shares during the period. Finally, Truist Financial Corp boosted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.2% during the 4th quarter. Truist Financial Corp now owns 17,894 shares of the company’s stock valued at $549,000 after acquiring an additional 556 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock traded down $0.01 during trading hours on Wednesday, reaching $32.20. The stock had a trading volume of 79,698 shares, compared to its average volume of 128,089. The company has a market cap of $952.97 million, a price-to-earnings ratio of 10.62 and a beta of 0.79. The business’s 50 day moving average price is $31.32 and its 200-day moving average price is $30.28. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52 week low of $27.54 and a 52 week high of $32.41.

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.