Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Position Trimmed by Flow Traders U.S. LLC

Flow Traders U.S. LLC reduced its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 59.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 54,367 shares of the company’s stock after selling 80,006 shares during the quarter. Flow Traders U.S. LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $1,909,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Raymond James & Associates lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 17.4% in the 2nd quarter. Raymond James & Associates now owns 1,386,175 shares of the company’s stock worth $45,286,000 after buying an additional 205,107 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 707,772 shares of the company’s stock worth $23,123,000 after acquiring an additional 163,040 shares in the last quarter. Cetera Investment Advisers boosted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 102.0% during the first quarter. Cetera Investment Advisers now owns 203,901 shares of the company’s stock valued at $6,390,000 after purchasing an additional 102,936 shares during the last quarter. 1900 Wealth Management LLC grew its stake 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 purchasing an additional 70,854 shares in the last quarter. Finally, LPL Financial LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.6% in the 2nd quarter. LPL Financial LLC now owns 1,499,824 shares of the company’s stock worth $48,999,000 after purchasing an additional 51,990 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $33.19 on Monday. The firm has a market cap of $982.42 million, a price-to-earnings ratio of 10.62 and a beta of 0.79. The stock has a 50-day simple moving average of $34.29 and a 200-day simple moving average of $33.30. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52-week low of $28.75 and a 52-week high of $36.16.

About Goldman Sachs ActiveBeta Emerging Markets Equity ETF

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.