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 shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,251 shares of the company’s stock, valued at approximately $593,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter valued at about $42,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 261.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,051 shares of the company’s stock worth $85,000 after purchasing an additional 1,484 shares during the last quarter. American Trust purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at about $86,000. Transamerica Financial Advisors LLC lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 19.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 2,136 shares of the company’s stock valued at $89,000 after buying an additional 351 shares in the last quarter. Finally, Kingdom Financial Group LLC. acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter worth about $138,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 5.4%

NYSEARCA:GEM opened at $51.15 on Wednesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12 month low of $36.55 and a 12 month high of $54.29. The stock has a 50 day moving average of $50.22 and a two-hundred day moving average of $46.19. The firm has a market cap of $1.65 billion, a P/E ratio of 13.33 and a beta of 0.70.

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.