Archford Capital Strategies LLC Has $6.92 Million Stock Position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Archford Capital Strategies LLC trimmed its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 216,646 shares of the company’s stock after selling 8,043 shares during the quarter. Goldman Sachs ActiveBeta Emerging Markets Equity ETF makes up about 1.0% of Archford Capital Strategies LLC’s investment portfolio, making the stock its 23rd biggest position. Archford Capital Strategies LLC owned 0.73% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $6,915,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of GEM. Blue Trust Inc. bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter worth about $50,000. Wilmington Savings Fund Society FSB bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter worth about $136,000. Naviter Wealth LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth approximately $204,000. Raymond James Trust N.A. acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at approximately $216,000. Finally, Kathmere Capital Management LLC acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the second quarter valued at approximately $207,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of GEM opened at $32.67 on Friday. The business’s fifty day moving average price is $32.73 and its two-hundred day moving average price is $33.28. The firm has a market capitalization of $967.03 million, a price-to-earnings ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52 week low of $29.36 and a 52 week high of $36.16.

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.