Apella Capital LLC Sells 98,195 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Apella Capital LLC trimmed its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 15.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 530,221 shares of the company’s stock after selling 98,195 shares during the quarter. Apella Capital LLC owned about 1.79% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $16,925,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 23,112 shares of the company’s stock worth $755,000 after buying an additional 847 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.9% during the second quarter. Envestnet Asset Management Inc. now owns 554,451 shares of the company’s stock valued at $18,114,000 after acquiring an additional 20,774 shares during the period. Arvest Trust Co. N A lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.3% during the second quarter. Arvest Trust Co. N A now owns 1,218,153 shares of the company’s stock valued at $39,797,000 after acquiring an additional 3,398 shares during the period. Kathmere Capital Management LLC bought a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the second quarter valued at about $207,000. Finally, Truist Financial Corp increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 10.8% in the second quarter. Truist Financial Corp now owns 20,370 shares of the company’s stock worth $665,000 after purchasing an additional 1,980 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 1.2 %

Shares of NYSEARCA:GEM opened at $31.47 on Wednesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $28.75 and a 1-year high of $36.16. The stock has a market capitalization of $931.51 million, a P/E ratio of 10.62 and a beta of 0.79. The business has a 50-day moving average price of $32.95 and a two-hundred day moving average price of $33.33.

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.