Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Shares Sold by Arvest Investments Inc.

Arvest Investments Inc. reduced its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 446,674 shares of the company’s stock after selling 12,504 shares during the period. Goldman Sachs ActiveBeta Emerging Markets Equity ETF comprises approximately 2.3% of Arvest Investments Inc.’s holdings, making the stock its 11th largest holding. Arvest Investments Inc.’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $14,258,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Private Trust Co. NA increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% in the fourth quarter. Private Trust Co. NA now owns 1,633 shares of the company’s stock worth $52,000 after buying an additional 452 shares during the period. Jones Financial Companies Lllp increased its position 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 worth $114,000 after buying an additional 871 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter worth $136,000. Raymond James Trust N.A. acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter worth $216,000. Finally, Global Retirement Partners LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 47.2% in the fourth quarter. Global Retirement Partners LLC now owns 6,778 shares of the company’s stock worth $216,000 after buying an additional 2,173 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA GEM opened at $34.19 on Thursday. 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 fifty day moving average price is $32.89 and its two-hundred day moving average price is $33.36. The firm has a market capitalization of $899.20 million, a PE ratio of 13.52 and a beta of 0.72.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Company 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.