Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) Holdings Cut by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. decreased its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 60.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,841 shares of the company’s stock after selling 2,767 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $58,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at $37,000. Morris Financial Concepts Inc. lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 36.2% in the 4th quarter. Morris Financial Concepts Inc. now owns 1,508 shares of the company’s stock valued at $46,000 after purchasing an additional 401 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at $70,000. Hexagon Capital Partners LLC lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.5% in the 1st quarter. Hexagon Capital Partners LLC now owns 9,214 shares of the company’s stock valued at $289,000 after purchasing an additional 2,099 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% in the 4th quarter. Private Advisor Group LLC now owns 10,911 shares of the company’s stock valued at $335,000 after purchasing an additional 3,021 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.5 %

GEM stock opened at $33.69 on Thursday. The firm has a market cap of $997.22 million, a PE ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $27.54 and a 1 year high of $33.69. The company has a fifty day simple moving average of $32.66 and a 200 day simple moving average of $31.35.

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.