Apella Capital LLC Lowers Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Apella Capital LLC reduced its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 5.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 246,347 shares of the company’s stock after selling 14,556 shares during the period. Apella Capital LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $10,642,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in GEM. Wells Fargo & Company MN raised its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 7.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,127,553 shares of the company’s stock worth $171,789,000 after buying an additional 276,247 shares during the period. Marshall Wace LLP lifted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 722.4% during the 2nd quarter. Marshall Wace LLP now owns 147,817 shares of the company’s stock valued at $5,500,000 after buying an additional 129,843 shares in the last quarter. Jane Street Group LLC grew its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 932.6% in the 2nd quarter. Jane Street Group LLC now owns 131,318 shares of the company’s stock valued at $4,886,000 after acquiring an additional 118,601 shares during the period. Elevation Point Wealth Partners LLC grew its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 202.6% in the 4th quarter. Elevation Point Wealth Partners LLC now owns 151,736 shares of the company’s stock valued at $6,315,000 after acquiring an additional 101,591 shares during the period. Finally, Betterment LLC grew its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.6% in the 3rd quarter. Betterment LLC now owns 2,174,673 shares of the company’s stock valued at $88,574,000 after acquiring an additional 75,819 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA GEM opened at $51.05 on Thursday. The firm has a fifty day moving average of $50.31 and a 200 day moving average of $46.26. The firm has a market cap of $1.64 billion, a PE ratio of 13.33 and a beta of 0.70. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $36.87 and a one year high of $54.29.

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.