Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 12.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 345,842 shares of the company’s stock after acquiring an additional 37,337 shares during the quarter. Cetera Investment Advisers’ holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $11,475,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. SigFig Wealth Management LLC boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.4% in the first quarter. SigFig Wealth Management LLC now owns 3,339,240 shares of the company’s stock worth $111,079,000 after buying an additional 47,582 shares during the period. Wells Fargo & Company MN boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 17.8% in the fourth quarter. Wells Fargo & Company MN now owns 3,077,359 shares of the company’s stock worth $98,229,000 after buying an additional 465,064 shares during the period. Betterment LLC boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 5.1% in the fourth quarter. Betterment LLC now owns 1,744,334 shares of the company’s stock worth $55,679,000 after buying an additional 84,046 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter worth about $51,415,000. Finally, Arvest Bank Trust Division boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.5% in the fourth quarter. Arvest Bank Trust Division now owns 1,222,522 shares of the company’s stock worth $39,023,000 after buying an additional 5,543 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA GEM opened at $37.65 on Thursday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $29.19 and a 1-year high of $38.39. The business has a 50-day moving average of $36.68 and a 200-day moving average of $34.28. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 13.33 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.