Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Acquired by Anchor Investment Management LLC

Anchor Investment Management LLC lifted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 8.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 131,190 shares of the company’s stock after purchasing an additional 10,017 shares during the period. Anchor Investment Management LLC owned about 0.41% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $5,667,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Integrated Wealth Concepts LLC raised its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 12.7% in the first quarter. Integrated Wealth Concepts LLC now owns 13,421 shares of the company’s stock valued at $445,000 after buying an additional 1,509 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.7% during the 1st quarter. NewEdge Advisors LLC now owns 19,778 shares of the company’s stock worth $656,000 after acquiring an additional 883 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 989.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 11,495 shares of the company’s stock worth $428,000 after acquiring an additional 10,440 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 722.4% in the 2nd quarter. Marshall Wace LLP now owns 147,817 shares of the company’s stock valued at $5,500,000 after acquiring an additional 129,843 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.3% in the 2nd quarter. Raymond James Financial Inc. now owns 392,021 shares of the company’s stock valued at $14,587,000 after acquiring an additional 4,982 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA GEM traded up $0.07 during midday trading on Friday, hitting $51.04. 96,812 shares of the company’s stock were exchanged, compared to its average volume of 141,930. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a twelve month low of $36.97 and a twelve month high of $54.29. The company has a market cap of $1.72 billion, a PE ratio of 13.33 and a beta of 0.70. The firm’s fifty day simple moving average is $51.09 and its 200-day simple moving average is $47.01.

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.