Kelman Lazarov Inc. Decreases Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Kelman Lazarov Inc. cut its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,609 shares of the company’s stock after selling 2,483 shares during the quarter. Kelman Lazarov Inc. owned 0.17% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $1,584,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Bank of Montreal Can purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the fourth quarter worth $41,000. Private Trust Co. NA increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 38.3% in the fourth quarter. Private Trust Co. NA now owns 1,633 shares of the company’s stock worth $52,000 after buying an additional 452 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 32.3% in the fourth quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock worth $114,000 after buying an additional 871 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter worth $136,000. Finally, Orion Portfolio Solutions LLC purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the third quarter worth $233,000.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Up 7.0 %

Shares of NYSEARCA GEM opened at $31.46 on Thursday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52 week low of $29.19 and a 52 week high of $36.16. The firm’s fifty day moving average is $33.00 and its 200 day moving average is $33.32. The company has a market cap of $846.27 million, a price-to-earnings ratio of 13.28 and a beta of 0.63.

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.