Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Newly Purchased by CENTRAL TRUST Co

CENTRAL TRUST Co purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 160,426 shares of the company’s stock, valued at approximately $8,198,000.

Several other large investors have also recently added to or reduced their stakes in GEM. Kestra Advisory Services LLC boosted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 116.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 13,716 shares of the company’s stock valued at $701,000 after purchasing an additional 7,383 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth approximately $13,097,000. Founders Financial Securities LLC acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth approximately $329,000. D.A. Davidson & CO. acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth approximately $319,000. Finally, Sigma Planning Corp purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth approximately $398,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 2.5%

Shares of GEM stock opened at $47.58 on Thursday. The company has a market cap of $1.67 billion, a price-to-earnings ratio of 11.67 and a beta of 0.76. The stock has a 50 day simple moving average of $49.76 and a 200-day simple moving average of $48.70. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12-month low of $40.18 and a 12-month high of $54.29.

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