Royal Bank of Canada Has $21 Million Stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Royal Bank of Canada increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 55.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 486,143 shares of the company’s stock after buying an additional 174,317 shares during the period. Royal Bank of Canada’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $21,001,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Wells Fargo & Company MN boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 7.2% in the 4th quarter. Wells Fargo & Company MN now owns 4,127,553 shares of the company’s stock worth $171,789,000 after purchasing an additional 276,247 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,839,340 shares of the company’s stock valued at $118,173,000 after purchasing an additional 9,926 shares during the last quarter. LPL Financial LLC increased its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 2,012,341 shares of the company’s stock valued at $83,754,000 after purchasing an additional 42,384 shares during the last quarter. Bank of America Corp DE lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 11.0% in the third quarter. Bank of America Corp DE now owns 536,369 shares of the company’s stock valued at $21,846,000 after buying an additional 53,364 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.3% in the third quarter. Raymond James Financial Inc. now owns 401,218 shares of the company’s stock valued at $16,342,000 after buying an additional 9,197 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 0.4%

Shares of GEM opened at $50.25 on Thursday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $37.56 and a 1 year high of $54.29. The stock has a market cap of $1.71 billion, a P/E ratio of 13.33 and a beta of 0.71. The stock’s 50-day moving average price is $50.68 and its two-hundred day moving average price is $47.86.

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. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.