Clay Northam Wealth Management LLC Sells 5,033 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Clay Northam Wealth Management LLC lowered its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 8.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,943 shares of the company’s stock after selling 5,033 shares during the quarter. Goldman Sachs ActiveBeta Emerging Markets Equity ETF makes up 1.1% of Clay Northam Wealth Management LLC’s investment portfolio, making the stock its 18th largest position. Clay Northam Wealth Management LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $1,754,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in GEM. Blue Trust Inc. purchased a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $50,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 3rd quarter valued at about $136,000. Naviter Wealth LLC purchased 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. purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter worth about $216,000. Finally, Orion Portfolio Solutions LLC bought a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter worth approximately $233,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock opened at $32.29 on Tuesday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1 year low of $29.53 and a 1 year high of $36.16. The firm has a market cap of $955.78 million, a PE ratio of 10.62 and a beta of 0.79. The company has a 50 day simple moving average of $32.65 and a two-hundred day simple moving average of $33.23.

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.