Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Sold by Arvest Investments Inc.

Arvest Investments Inc. cut its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 2.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 446,226 shares of the company’s stock after selling 11,404 shares during the period. Goldman Sachs ActiveBeta Emerging Markets Equity ETF makes up about 2.5% of Arvest Investments Inc.’s investment portfolio, making the stock its 11th largest holding. Arvest Investments Inc.’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $16,604,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in GEM. HB Wealth Management LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the first quarter worth approximately $59,068,000. Goldman Sachs Group Inc. lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 16.2% in the first quarter. Goldman Sachs Group Inc. now owns 2,727,982 shares of the company’s stock worth $90,514,000 after purchasing an additional 379,423 shares during the period. LPL Financial LLC lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 14.9% in the first quarter. LPL Financial LLC now owns 1,810,975 shares of the company’s stock worth $60,088,000 after purchasing an additional 234,557 shares during the period. Envestnet Asset Management Inc. lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 19.6% in the first quarter. Envestnet Asset Management Inc. now owns 778,843 shares of the company’s stock worth $25,842,000 after purchasing an additional 127,623 shares during the period. Finally, SigFig Wealth Management LLC lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.4% in the first quarter. SigFig Wealth Management LLC now owns 3,339,240 shares of the company’s stock worth $111,079,000 after purchasing an additional 47,582 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

GEM opened at $40.21 on Friday. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 13.33 and a beta of 0.72. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $29.19 and a 1-year high of $40.29. The business has a 50 day moving average price of $38.24 and a two-hundred day moving average price of $35.58.

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.