Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Sees Strong Trading Volume – Time to Buy?

Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) shares saw an uptick in trading volume on Monday . 222,544 shares changed hands during trading, an increase of 107% from the previous session’s volume of 107,414 shares.The stock last traded at $33.92 and had previously closed at $33.72.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.5 %

The company has a market capitalization of $891.31 million, a PE ratio of 13.52 and a beta of 0.72. The business has a fifty day moving average of $32.97 and a 200 day moving average of $33.38.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GEM. Private Trust Co. NA increased its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% in the 4th quarter. Private Trust Co. NA now owns 1,633 shares of the company’s stock valued at $52,000 after buying an additional 452 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 25,386 shares of the company’s stock valued at $810,000 after acquiring an additional 464 shares in the last quarter. CreativeOne Wealth LLC increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% during the third quarter. CreativeOne Wealth LLC now owns 13,698 shares of the company’s stock worth $481,000 after acquiring an additional 496 shares during the period. Edge Financial Advisors LLC raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.4% during the fourth quarter. Edge Financial Advisors LLC now owns 23,833 shares of the company’s stock worth $761,000 after purchasing an additional 562 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.2% in the third quarter. Sanctuary Advisors LLC now owns 7,595 shares of the company’s stock valued at $252,000 after purchasing an additional 578 shares during the period.

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.