Sanctuary Advisors LLC Sells 35,303 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Sanctuary Advisors LLC reduced its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 13.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 227,221 shares of the company’s stock after selling 35,303 shares during the period. Sanctuary Advisors LLC owned about 0.71% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $9,816,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Syntegra Private Wealth Group LLC lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.7% in the 1st quarter. Syntegra Private Wealth Group LLC now owns 16,631 shares of the company’s stock valued at $718,000 after acquiring an additional 281 shares in the last quarter. Transamerica Financial Advisors LLC grew its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 19.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 2,136 shares of the company’s stock worth $89,000 after acquiring an additional 351 shares in the last quarter. Edge Financial Advisors LLC raised its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.2% in the fourth quarter. Edge Financial Advisors LLC now owns 19,242 shares of the company’s stock valued at $799,000 after purchasing an additional 422 shares during the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.1% in the fourth quarter. Orion Porfolio Solutions LLC now owns 12,419 shares of the company’s stock valued at $517,000 after purchasing an additional 484 shares during the last quarter. Finally, Prostatis Group LLC lifted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.0% in the fourth quarter. Prostatis Group LLC now owns 32,805 shares of the company’s stock worth $1,365,000 after purchasing an additional 637 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 1.4%

Shares of GEM opened at $48.32 on Friday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12 month low of $36.97 and a 12 month high of $54.29. The firm has a fifty day simple moving average of $51.02 and a 200 day simple moving average of $47.28. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 13.33 and a beta of 0.70.

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