Clearwater Capital Advisors LLC Buys 49,739 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Clearwater Capital Advisors LLC lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 44.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 161,837 shares of the company’s stock after buying an additional 49,739 shares during the quarter. Clearwater Capital Advisors LLC owned about 0.49% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $4,967,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Morris Financial Concepts Inc. grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 36.2% during the 4th quarter. Morris Financial Concepts Inc. now owns 1,508 shares of the company’s stock valued at $46,000 after buying an additional 401 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter worth approximately $70,000. Private Advisor Group LLC raised its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% during the fourth 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 period. Lincoln National Corp lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 89.8% in the 4th quarter. Lincoln National Corp now owns 13,366 shares of the company’s stock valued at $410,000 after purchasing an additional 6,322 shares during the last quarter. Finally, Truist Financial Corp boosted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.2% in the 4th quarter. Truist Financial Corp now owns 17,894 shares of the company’s stock worth $549,000 after purchasing an additional 556 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

NYSEARCA GEM traded up $0.09 on Thursday, hitting $32.29. 139,135 shares of the stock were exchanged, compared to its average volume of 128,198. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52-week low of $27.54 and a 52-week high of $32.41. The firm has a market capitalization of $955.78 million, a P/E ratio of 10.62 and a beta of 0.79. The stock has a fifty day moving average price of $31.32 and a two-hundred day moving average price of $30.28.

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.