Sanctuary Advisors LLC Sells 35,303 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Sanctuary Advisors LLC decreased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 13.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 227,221 shares of the company’s stock after selling 35,303 shares during the quarter. Sanctuary Advisors LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $9,816,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at approximately $42,000. Harbor Asset Planning Inc. grew its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 196.4% in the first quarter. Harbor Asset Planning Inc. now owns 993 shares of the company’s stock valued at $43,000 after buying an additional 658 shares in the last quarter. Global Assets Advisory LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the first quarter worth $47,000. Northwestern Mutual Wealth Management Co. raised its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 261.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,051 shares of the company’s stock worth $85,000 after acquiring an additional 1,484 shares in the last quarter. Finally, American Trust bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the fourth quarter worth $86,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of GEM stock opened at $48.32 on Friday. The company has a fifty day moving average price of $51.02 and a two-hundred day moving average price of $47.28. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $36.97 and a one year high of $54.29. The stock has a market cap of $1.63 billion, a P/E ratio of 13.33 and a beta of 0.70.

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.