Strategic Financial Services Inc. Has $10.72 Million Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Strategic Financial Services Inc. decreased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 7.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 206,166 shares of the company’s stock after selling 16,089 shares during the quarter. Goldman Sachs ActiveBeta Emerging Markets Equity ETF comprises 0.5% of Strategic Financial Services Inc.’s investment portfolio, making the stock its 25th largest holding. Strategic Financial Services Inc.’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $10,721,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rogco LP bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter worth about $25,000. Advisortrust Partners LLC bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 1st quarter valued at about $42,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at about $42,000. Harbor Asset Planning Inc. grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 196.4% during the 1st quarter. Harbor Asset Planning Inc. now owns 993 shares of the company’s stock worth $43,000 after buying an additional 658 shares during the period. Finally, Global Assets Advisory LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 1st quarter worth approximately $47,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

GEM opened at $52.43 on Monday. The company has a market cap of $1.79 billion, a price-to-earnings ratio of 13.33 and a beta of 0.71. The firm has a 50 day simple moving average of $50.25 and a 200 day simple moving average of $48.73. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $38.72 and a fifty-two week high of $54.29.

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.