Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 41.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 214,105 shares of the company’s stock after buying an additional 62,369 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $9,249,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter valued at $42,000. Harbor Asset Planning Inc. lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 196.4% during the first quarter. Harbor Asset Planning Inc. now owns 993 shares of the company’s stock valued at $43,000 after buying an additional 658 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 261.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,051 shares of the company’s stock valued at $85,000 after purchasing an additional 1,484 shares during the period. American Trust acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at approximately $86,000. Finally, Transamerica Financial Advisors LLC increased its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 19.7% in the fourth quarter. Transamerica Financial Advisors LLC now owns 2,136 shares of the company’s stock valued at $89,000 after buying an additional 351 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 0.8%

GEM stock opened at $50.21 on Friday. The firm’s 50-day simple moving average is $50.74 and its 200 day simple moving average is $46.65. The stock has a market cap of $1.65 billion, a PE ratio of 13.33 and a beta of 0.70. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $36.97 and a fifty-two week high of $54.29.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF 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. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.