Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Get Free Report) shares saw an uptick in trading volume on Monday . 157,186 shares traded hands during trading, an increase of 55% from the previous session’s volume of 101,469 shares.The stock last traded at $32.24 and had previously closed at $32.08.
Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance
The firm has a market cap of $942.76 million, a P/E ratio of 10.62 and a beta of 0.79. The company’s 50 day moving average is $33.21 and its 200 day moving average is $33.37.
Hedge Funds Weigh In On Goldman Sachs ActiveBeta Emerging Markets Equity ETF
Institutional investors and hedge funds have recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at $50,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter valued at about $136,000. Naviter Wealth LLC bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $204,000. Raymond James Trust N.A. bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $216,000. Finally, Kathmere Capital Management LLC acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the second quarter worth approximately $207,000.
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.
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