Destiny Wealth Partners LLC raised its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Free Report) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 152,987 shares of the company’s stock after acquiring an additional 2,107 shares during the period. Destiny Wealth Partners LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $4,883,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at approximately $50,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter worth approximately $136,000. Naviter Wealth LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter worth approximately $204,000. Raymond James Trust N.A. acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter worth approximately $216,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 2nd quarter worth approximately $220,000.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 1.2 %
Shares of GEM opened at $32.46 on Friday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $29.36 and a 1 year high of $36.16. The stock has a 50 day simple moving average of $32.65 and a 200-day simple moving average of $33.23. The stock has a market cap of $960.82 million, a PE ratio of 10.62 and a beta of 0.79.
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.
Further Reading
- Five stocks we like better than Goldman Sachs ActiveBeta Emerging Markets Equity ETF
- How Technical Indicators Can Help You Find Oversold Stocks
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
- What Are Earnings Reports?
- Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
Want to see what other hedge funds are holding GEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Free Report).
Receive News & Ratings for Goldman Sachs ActiveBeta Emerging Markets Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs ActiveBeta Emerging Markets Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
