Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Acquired by CENTRAL TRUST Co

CENTRAL TRUST Co increased its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 8.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,925 shares of the company’s stock after purchasing an additional 11,301 shares during the quarter. CENTRAL TRUST Co’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $6,131,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at about $42,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 261.7% in 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 in the last quarter. American Trust purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter valued at about $86,000. Transamerica Financial Advisors LLC grew its position in shares of 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 purchasing an additional 351 shares during the last quarter. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter valued at approximately $138,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of GEM opened at $51.15 on Wednesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $36.55 and a 1-year high of $54.29. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 13.33 and a beta of 0.70. The firm has a 50 day simple moving average of $50.22 and a 200-day simple moving average of $46.19.

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.