Private Trust Co. NA Acquires 491 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Private Trust Co. NA lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 29.6% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,149 shares of the company’s stock after purchasing an additional 491 shares during the quarter. Private Trust Co. NA’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $80,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Naviter Wealth LLC acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter worth approximately $216,000. Prostatis Group LLC lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 104.6% during the 2nd quarter. Prostatis Group LLC now owns 32,539 shares of the company’s stock worth $1,211,000 after purchasing an additional 16,638 shares during the last quarter. Mengis Capital Management Inc. acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter worth approximately $221,000. Consolidated Portfolio Review Corp acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter worth approximately $301,000. Finally, Truist Financial Corp lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.7% during the 2nd quarter. Truist Financial Corp now owns 23,996 shares of the company’s stock worth $893,000 after purchasing an additional 1,918 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.7%

NYSEARCA:GEM opened at $41.86 on Friday. The stock has a market cap of $1.17 billion, a P/E ratio of 13.33 and a beta of 0.72. The stock has a 50 day simple moving average of $40.09 and a 200 day simple moving average of $37.12. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $29.19 and a 1-year high of $42.01.

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.