Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Shares Sold by Maia Wealth LLC

Maia Wealth LLC lowered its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 4.3% in the fourth quarter, HoldingsChannel reports. The firm owned 12,422 shares of the company’s stock after selling 564 shares during the period. Maia Wealth LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $398,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of GEM. Arvest Bank Trust Division acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at approximately $42,728,000. Jane Street Group LLC increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.5% in the third quarter. Jane Street Group LLC now owns 298,175 shares of the company’s stock worth $10,469,000 after buying an additional 67,904 shares during the last quarter. 1900 Wealth Management LLC raised its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 32.7% in the third quarter. 1900 Wealth Management LLC now owns 287,665 shares of the company’s stock valued at $10,100,000 after acquiring an additional 70,854 shares in the last quarter. Principal Securities Inc. boosted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 5.0% during the 4th quarter. Principal Securities Inc. now owns 238,464 shares of the company’s stock valued at $7,612,000 after acquiring an additional 11,324 shares during the last quarter. Finally, Destiny Wealth Partners LLC boosted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.4% during the 4th quarter. Destiny Wealth Partners LLC now owns 152,987 shares of the company’s stock valued at $4,883,000 after acquiring an additional 2,107 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

GEM opened at $32.62 on Monday. The company has a market capitalization of $857.91 million, a P/E ratio of 13.36 and a beta of 0.71. The company has a 50-day moving average of $32.56 and a 200-day moving average of $33.35. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $30.36 and a 1-year high of $36.16.

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.