Archford Capital Strategies LLC Has $6.92 Million Position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Archford Capital Strategies LLC lessened its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 3.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 216,646 shares of the company’s stock after selling 8,043 shares during the quarter. Goldman Sachs ActiveBeta Emerging Markets Equity ETF comprises 1.0% of Archford Capital Strategies LLC’s holdings, making the stock its 23rd largest holding. Archford Capital Strategies LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $6,915,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in GEM. Edge Financial Advisors LLC grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.4% during the fourth quarter. Edge Financial Advisors LLC now owns 23,833 shares of the company’s stock valued at $761,000 after purchasing an additional 562 shares during the period. Elmwood Wealth Management Inc. boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.9% during the fourth quarter. Elmwood Wealth Management Inc. now owns 26,733 shares of the company’s stock worth $853,000 after purchasing an additional 1,000 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at $2,205,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 3rd quarter valued at $136,000. Finally, Arvest Bank Trust Division acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth $42,728,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.5 %

NYSEARCA:GEM opened at $32.67 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 moving average price of $32.73 and a two-hundred day moving average price of $33.28. The stock has a market cap of $967.03 million, a price-to-earnings ratio of 10.62 and a beta of 0.79.

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.