Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Purchased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 203.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,499 shares of the company’s stock after buying an additional 11,733 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.06% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $728,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Transamerica Financial Advisors LLC increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 19.7% during the 4th quarter. Transamerica Financial Advisors LLC now owns 2,136 shares of the company’s stock valued at $89,000 after acquiring an additional 351 shares during the last quarter. Edge Financial Advisors LLC boosted its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.2% in the fourth quarter. Edge Financial Advisors LLC now owns 19,242 shares of the company’s stock worth $799,000 after acquiring an additional 422 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.1% in the fourth quarter. Orion Porfolio Solutions LLC now owns 12,419 shares of the company’s stock valued at $517,000 after purchasing an additional 484 shares during the period. Prostatis Group LLC grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.0% in the fourth quarter. Prostatis Group LLC now owns 32,805 shares of the company’s stock valued at $1,365,000 after purchasing an additional 637 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.0% in the fourth quarter. NewEdge Advisors LLC now owns 22,732 shares of the company’s stock valued at $946,000 after purchasing an additional 658 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of GEM stock opened at $50.21 on Friday. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 13.33 and a beta of 0.70. The company has a 50 day moving average price of $50.78 and a 200 day moving average price of $46.67. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $36.97 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.