World Investment Advisors Acquires Shares of 14,251 Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

World Investment Advisors acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,251 shares of the company’s stock, valued at approximately $593,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 12.3% during the third quarter. Envestnet Asset Management Inc. now owns 915,829 shares of the company’s stock valued at $37,302,000 after purchasing an additional 100,365 shares during the period. Betterment LLC grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.6% during the third quarter. Betterment LLC now owns 2,174,673 shares of the company’s stock valued at $88,574,000 after purchasing an additional 75,819 shares during the period. Empirical Asset Management LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter valued at $622,000. American National Bank & Trust grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 10.9% during the fourth quarter. American National Bank & Trust now owns 195,075 shares of the company’s stock valued at $8,119,000 after purchasing an additional 19,133 shares during the period. Finally, Apollon Financial LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter valued at $606,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 0.9%

Shares of NYSEARCA GEM opened at $48.76 on Wednesday. The stock has a fifty day simple moving average of $46.26 and a two-hundred day simple moving average of $44.44. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $34.57 and a 1-year high of $51.53. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 13.33 and a beta of 0.68.

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. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.