Clay Northam Wealth Management LLC Has $1.75 Million Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Clay Northam Wealth Management LLC lowered its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 8.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,943 shares of the company’s stock after selling 5,033 shares during the quarter. Goldman Sachs ActiveBeta Emerging Markets Equity ETF comprises 1.1% of Clay Northam Wealth Management LLC’s holdings, making the stock its 18th biggest position. Clay Northam Wealth Management LLC owned 0.19% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $1,754,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of GEM. Blue Trust Inc. acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at $50,000. Wilmington Savings Fund Society FSB acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at about $136,000. Naviter Wealth LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at about $204,000. Raymond James Trust N.A. acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $216,000. Finally, Sanctuary Advisors LLC bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the second quarter worth about $220,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

NYSEARCA GEM opened at $32.29 on Tuesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $29.53 and a fifty-two week high of $36.16. The stock has a market cap of $955.78 million, a PE ratio of 10.62 and a beta of 0.79. The firm’s fifty day moving average price is $32.65 and its two-hundred day moving average price is $33.23.

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.