IAG Wealth Partners LLC Reduces Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

IAG Wealth Partners LLC lessened its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 28.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,551 shares of the company’s stock after selling 5,276 shares during the period. IAG Wealth Partners LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $405,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Fortis Capital Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 4th quarter worth about $26,000. Aptus Capital Advisors LLC purchased a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 1st quarter worth about $29,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 283.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,184 shares of the company’s stock worth $34,000 after purchasing an additional 875 shares in the last quarter. Almanack Investment Partners LLC. purchased a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth about $38,000. Finally, Spire Wealth Management lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 361.6% during the 1st quarter. Spire Wealth Management now owns 1,745 shares of the company’s stock worth $52,000 after purchasing an additional 1,367 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Up 1.1 %

GEM traded up $0.32 during trading on Monday, reaching $29.91. 24,969 shares of the company were exchanged, compared to its average volume of 135,214. The company’s 50-day moving average is $28.76 and its two-hundred day moving average is $29.56. The company has a market cap of $981.05 million, a price-to-earnings ratio of 9.32 and a beta of 0.72. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $27.54 and a 12-month high of $31.59.

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.