Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 7,076.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,692 shares of the company’s stock after purchasing an additional 40,125 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.14% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $1,694,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Western Wealth Management LLC purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at approximately $296,000. World Investment Advisors purchased a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the 4th quarter valued at approximately $593,000. First Foundation Advisors increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.5% in the 4th quarter. First Foundation Advisors now owns 371,624 shares of the company’s stock valued at $15,467,000 after purchasing an additional 9,016 shares during the last quarter. CENTRAL TRUST Co increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 9.0% in the 4th quarter. CENTRAL TRUST Co now owns 130,624 shares of the company’s stock valued at $5,437,000 after purchasing an additional 10,785 shares during the last quarter. Finally, UBS Group AG increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.3% in the 4th quarter. UBS Group AG now owns 293,960 shares of the company’s stock valued at $12,235,000 after purchasing an additional 9,365 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Down 0.1%

Shares of NYSEARCA:GEM opened at $51.77 on Thursday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52 week low of $34.57 and a 52 week high of $52.00. The company’s 50 day moving average is $47.05 and its two-hundred day moving average is $44.80. The company has a market cap of $1.67 billion, a PE ratio of 13.33 and a beta of 0.68.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Company 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.