CENTRAL TRUST Co Increases Stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

CENTRAL TRUST Co grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 12.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 59,377 shares of the company’s stock after buying an additional 6,406 shares during the period. CENTRAL TRUST Co owned approximately 0.20% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $2,085,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GEM. Raymond James & Associates increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 17.4% during the second quarter. Raymond James & Associates now owns 1,386,175 shares of the company’s stock valued at $45,286,000 after acquiring an additional 205,107 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 707,772 shares of the company’s stock worth $23,123,000 after purchasing an additional 163,040 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 102.0% during the first quarter. Cetera Investment Advisers now owns 203,901 shares of the company’s stock valued at $6,390,000 after purchasing an additional 102,936 shares in the last quarter. Edge Financial Advisors LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the first quarter valued at $2,670,000. Finally, WMS Partners LLC boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% during the first quarter. WMS Partners LLC now owns 1,577,938 shares of the company’s stock valued at $49,453,000 after buying an additional 57,642 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:GEM opened at $34.39 on Friday. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 10.62 and a beta of 0.79. The business has a 50-day simple moving average of $33.96 and a two-hundred day simple moving average of $32.91. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $27.55 and a fifty-two week high of $36.16.

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.