Cozad Asset Management Inc. Decreases Stock Position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Cozad Asset Management Inc. reduced its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 11.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,885 shares of the company’s stock after selling 2,175 shares during the quarter. Cozad Asset Management Inc. owned approximately 0.05% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $518,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of GEM. Betterment LLC grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 8.9% during the 3rd quarter. Betterment LLC now owns 1,372,071 shares of the company’s stock valued at $39,337,000 after buying an additional 112,526 shares during the last quarter. Spinnaker Trust boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.5% during the 4th quarter. Spinnaker Trust now owns 1,091,550 shares of the company’s stock worth $33,500,000 after purchasing an additional 5,443 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.6% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 613,888 shares of the company’s stock worth $17,597,000 after buying an additional 15,647 shares in the last quarter. Arvest Investments Inc. acquired a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter valued at approximately $14,488,000. Finally, First Foundation Advisors lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 6.1% during the third quarter. First Foundation Advisors now owns 325,072 shares of the company’s stock valued at $9,318,000 after buying an additional 18,817 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA GEM opened at $31.32 on Thursday. The firm’s 50 day moving average price is $31.19 and its 200 day moving average price is $30.14. The firm has a market cap of $927.07 million, a P/E ratio of 10.62 and a beta of 0.79. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $27.54 and a 1 year high of $31.90.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF 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.