160,426 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Purchased by CENTRAL TRUST Co

CENTRAL TRUST Co purchased a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 160,426 shares of the company’s stock, valued at approximately $8,198,000. CENTRAL TRUST Co owned 0.46% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GEM. Kestra Advisory Services LLC grew its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 116.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 13,716 shares of the company’s stock valued at $701,000 after purchasing an additional 7,383 shares during the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $13,097,000. Founders Financial Securities LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $329,000. D.A. Davidson & CO. purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $319,000. Finally, Sigma Planning Corp acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth $398,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

NYSEARCA:GEM opened at $47.58 on Thursday. The firm’s fifty day moving average price is $49.76 and its 200 day moving average price is $48.70. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $40.18 and a 1-year high of $54.29. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 11.67 and a beta of 0.76.

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. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.