Kelman Lazarov Inc. Sells 28,327 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Kelman Lazarov Inc. lowered its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 65.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,178 shares of the company’s stock after selling 28,327 shares during the quarter. Kelman Lazarov Inc. owned about 0.05% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $565,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Private Trust Co. NA raised its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 29.6% during the second quarter. Private Trust Co. NA now owns 2,149 shares of the company’s stock valued at $80,000 after purchasing an additional 491 shares during the period. Naviter Wealth LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the second quarter valued at about $216,000. Prostatis Group LLC raised its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 104.6% during the second quarter. Prostatis Group LLC now owns 32,539 shares of the company’s stock valued at $1,211,000 after purchasing an additional 16,638 shares during the period. Mengis Capital Management Inc. acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the second quarter valued at about $221,000. Finally, Consolidated Portfolio Review Corp acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the second quarter valued at about $301,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 0.1%

Shares of NYSEARCA GEM opened at $41.42 on Friday. The firm’s 50-day moving average price is $39.83 and its 200-day moving average price is $36.87. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $29.19 and a 1-year high of $41.65. The firm has a market capitalization of $1.16 billion, a P/E ratio of 13.33 and a beta of 0.72.

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.