Haverford Trust Co Has $376,000 Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Haverford Trust Co increased its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 15.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,793 shares of the company’s stock after acquiring an additional 1,567 shares during the quarter. Haverford Trust Co’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $376,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GEM. Private Trust Co. NA raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% during the 4th quarter. Private Trust Co. NA now owns 1,633 shares of the company’s stock worth $52,000 after purchasing an additional 452 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 32.3% in the fourth quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock valued at $114,000 after buying an additional 871 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at $136,000. Raymond James Trust N.A. bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter valued at $216,000. Finally, Orion Portfolio Solutions LLC acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth about $233,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:GEM opened at $33.87 on Wednesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $30.36 and a 1 year high of $36.16. The business’s 50-day moving average is $33.08 and its 200-day moving average is $33.40. The company has a market capitalization of $890.78 million, a price-to-earnings ratio of 13.52 and a beta of 0.72.

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.