Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM Shares Newly Purchased by American National Bank & Trust

American National Bank & Trust bought a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 248,987 shares of the company’s stock, valued at approximately $12,723,000. Goldman Sachs ActiveBeta Emerging Markets Equity ETF accounts for about 1.1% of American National Bank & Trust’s holdings, making the stock its 28th largest holding.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 82.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 394,433 shares of the company’s stock worth $20,511,000 after purchasing an additional 178,228 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 108.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,127,532 shares of the company’s stock worth $162,632,000 after buying an additional 1,627,669 shares during the period. Archford Capital Strategies LLC acquired a new stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter worth approximately $204,000. Integrated Wealth Concepts LLC grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 4.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 32,744 shares of the company’s stock worth $1,703,000 after acquiring an additional 1,283 shares during the last quarter. Finally, Baird Financial Group Inc. grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 2.1% during the 2nd quarter. Baird Financial Group Inc. now owns 50,392 shares of the company’s stock worth $2,620,000 after acquiring an additional 1,038 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 1.3%

NYSEARCA GEM traded down $0.70 on Wednesday, hitting $51.35. The company’s stock had a trading volume of 72,676 shares, compared to its average volume of 135,136. The company’s 50-day moving average is $51.00 and its 200 day moving average is $49.67. The firm has a market cap of $1.78 billion, a PE ratio of 13.33 and a beta of 0.71. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $39.63 and a 1-year high of $54.29.

About Goldman Sachs ActiveBeta Emerging Markets Equity ETF

(Free Report)

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. GEM was launched on Sep 29, 2015 and is managed by Goldman Sachs.

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Want to see what other hedge funds are holding GEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM – Free Report).