Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Sees Strong Trading Volume – Here’s What Happened

Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) shares saw unusually-high trading volume on Monday . Approximately 157,186 shares were traded during mid-day trading, an increase of 55% from the previous session’s volume of 101,469 shares.The stock last traded at $32.24 and had previously closed at $32.08.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.4 %

The company’s 50-day moving average price is $33.30 and its two-hundred day moving average price is $33.38. The company has a market cap of $953.12 million, a P/E ratio of 10.62 and a beta of 0.79.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta Emerging Markets Equity ETF

Large investors have recently modified their holdings of the stock. SigFig Wealth Management LLC increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.0% in the second quarter. SigFig Wealth Management LLC now owns 3,147,510 shares of the company’s stock worth $102,829,000 after acquiring an additional 31,562 shares in the last quarter. LPL Financial LLC boosted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.6% in the 2nd quarter. LPL Financial LLC now owns 1,499,824 shares of the company’s stock worth $48,999,000 after purchasing an additional 51,990 shares during the period. Arvest Trust Co. N A grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.3% during the 2nd quarter. Arvest Trust Co. N A now owns 1,218,153 shares of the company’s stock worth $39,797,000 after purchasing an additional 3,398 shares in the last quarter. Arvest Bank Trust Division acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter valued at $42,728,000. Finally, Apella Capital LLC lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.4% in the third quarter. Apella Capital LLC now owns 628,416 shares of the company’s stock valued at $22,501,000 after purchasing an additional 20,820 shares in the last quarter.

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.