OLD Mission Capital LLC Trims Stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

OLD Mission Capital LLC lessened its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 60.2% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 153,839 shares of the company’s stock after selling 232,966 shares during the quarter. OLD Mission Capital LLC owned approximately 0.52% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $4,827,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. SigFig Wealth Management LLC grew its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.1% during the fourth quarter. SigFig Wealth Management LLC now owns 3,000,482 shares of the company’s stock valued at $92,084,000 after buying an additional 32,532 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,402,868 shares of the company’s stock valued at $73,744,000 after buying an additional 20,515 shares in the last quarter. Spinnaker Trust boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.5% in the fourth quarter. Spinnaker Trust now owns 1,091,550 shares of the company’s stock worth $33,500,000 after acquiring an additional 5,443 shares during the last quarter. Apella Capital LLC grew its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.7% during the first quarter. Apella Capital LLC now owns 586,820 shares of the company’s stock worth $18,693,000 after buying an additional 9,602 shares in the last quarter. Finally, Arvest Investments Inc. grew its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.0% during the 1st quarter. Arvest Investments Inc. now owns 476,947 shares of the company’s stock valued at $14,948,000 after acquiring an additional 4,882 shares in the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of GEM stock traded up $0.28 on Friday, hitting $32.47. 230,124 shares of the stock traded hands, compared to its average volume of 118,268. The firm’s 50-day moving average price is $32.80 and its two-hundred day moving average price is $31.55. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a twelve month low of $27.54 and a twelve month high of $34.13. The stock has a market capitalization of $961.11 million, a PE ratio of 10.62 and a beta of 0.79.

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.