Strategic Financial Services Inc. Lowers Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Strategic Financial Services Inc. decreased its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 230,670 shares of the company’s stock after selling 7,027 shares during the quarter. Goldman Sachs ActiveBeta Emerging Markets Equity ETF makes up 0.4% of Strategic Financial Services Inc.’s holdings, making the stock its 22nd largest position. Strategic Financial Services Inc. owned about 0.78% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $7,363,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Private Trust Co. NA boosted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% during the fourth quarter. Private Trust Co. NA now owns 1,633 shares of the company’s stock worth $52,000 after purchasing an additional 452 shares in the last quarter. Jones Financial Companies Lllp boosted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 32.3% during the fourth quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock worth $114,000 after purchasing an additional 871 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $136,000. Raymond James Trust N.A. purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $216,000. Finally, Orion Portfolio Solutions LLC purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $233,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.1 %

Shares of GEM stock opened at $34.19 on Thursday. The company has a market capitalization of $899.20 million, a P/E ratio of 13.52 and a beta of 0.72. The business’s 50 day moving average is $32.89 and its two-hundred day moving average is $33.36. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $30.36 and a 12-month 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.