World Investment Advisors Invests $593,000 in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

World Investment Advisors bought a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 14,251 shares of the company’s stock, valued at approximately $593,000.

Several other large investors have also recently made changes to their positions in GEM. Wells Fargo & Company MN increased its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 7.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,127,553 shares of the company’s stock valued at $171,789,000 after buying an additional 276,247 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 722.4% during the 2nd quarter. Marshall Wace LLP now owns 147,817 shares of the company’s stock worth $5,500,000 after acquiring an additional 129,843 shares in the last quarter. Jane Street Group LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 932.6% during the 2nd quarter. Jane Street Group LLC now owns 131,318 shares of the company’s stock valued at $4,886,000 after acquiring an additional 118,601 shares during the period. Elevation Point Wealth Partners LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 202.6% during the 4th quarter. Elevation Point Wealth Partners LLC now owns 151,736 shares of the company’s stock valued at $6,315,000 after acquiring an additional 101,591 shares during the period. Finally, Betterment LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.6% during the 3rd quarter. Betterment LLC now owns 2,174,673 shares of the company’s stock valued at $88,574,000 after acquiring an additional 75,819 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 5.4%

Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $51.15 on Wednesday. The firm 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 twelve month low of $36.55 and a twelve month high of $54.29. The business has a 50-day moving average price of $50.22 and a 200 day moving average price 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.