Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 47.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,778 shares of the company’s stock after purchasing an additional 2,173 shares during the quarter. Global Retirement Partners LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $216,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GEM. Atria Wealth Solutions Inc. boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 25,386 shares of the company’s stock worth $810,000 after purchasing an additional 464 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 19.9% in the fourth quarter. Sanctuary Advisors LLC now owns 9,105 shares of the company’s stock valued at $299,000 after purchasing an additional 1,510 shares during the period. Principal Securities Inc. boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 5.0% during the fourth quarter. Principal Securities Inc. now owns 238,464 shares of the company’s stock worth $7,612,000 after buying an additional 11,324 shares in the last quarter. Morris Financial Concepts Inc. grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 202.6% during the fourth quarter. Morris Financial Concepts Inc. now owns 11,449 shares of the company’s stock worth $365,000 after buying an additional 7,665 shares during the period. Finally, Gladstone Institutional Advisory LLC grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.3% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 119,813 shares of the company’s stock worth $3,824,000 after buying an additional 1,567 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

GEM stock opened at $33.38 on Wednesday. The firm has a 50 day moving average of $32.56 and a 200-day moving average of $33.34. The company has a market cap of $877.89 million, a price-to-earnings ratio of 13.36 and a beta of 0.71. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $30.36 and a 12-month high of $36.16.

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.