Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Sold by SigFig Wealth Management LLC

SigFig Wealth Management LLC lowered its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,303,512 shares of the company’s stock after selling 35,728 shares during the quarter. Goldman Sachs ActiveBeta Emerging Markets Equity ETF comprises approximately 4.1% of SigFig Wealth Management LLC’s investment portfolio, making the stock its 7th largest holding. SigFig Wealth Management LLC owned about 0.12% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $122,659,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Consolidated Portfolio Review Corp acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter valued at $301,000. Truist Financial Corp lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.7% during the 2nd quarter. Truist Financial Corp now owns 23,996 shares of the company’s stock valued at $893,000 after acquiring an additional 1,918 shares in the last quarter. Independence Bank of Kentucky bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter valued at $32,000. Destiny Wealth Partners LLC lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.3% during the 2nd quarter. Destiny Wealth Partners LLC now owns 163,880 shares of the company’s stock valued at $6,098,000 after acquiring an additional 5,246 shares in the last quarter. Finally, Anchor Investment Management LLC lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 5.6% during the 1st quarter. Anchor Investment Management LLC now owns 109,283 shares of the company’s stock valued at $3,626,000 after acquiring an additional 5,777 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.4%

Shares of NYSEARCA:GEM opened at $40.73 on Wednesday. The stock’s fifty day simple moving average is $38.98 and its two-hundred day simple moving average is $36.21. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $29.19 and a 1-year high of $41.10. The stock has a market cap of $1.13 billion, a PE ratio of 13.33 and a beta of 0.72.

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.