Anchor Investment Management LLC Boosts Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Anchor Investment Management LLC increased its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 8.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,190 shares of the company’s stock after acquiring an additional 10,017 shares during the quarter. Anchor Investment Management LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $5,667,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fifth Third Bancorp acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF in the first quarter valued at $183,000. Kestra Advisory Services LLC increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 166.3% during the first quarter. Kestra Advisory Services LLC now owns 9,255 shares of the company’s stock worth $400,000 after purchasing an additional 5,779 shares in the last quarter. Clay Northam Wealth Management LLC increased its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 6.3% during the first quarter. Clay Northam Wealth Management LLC now owns 62,517 shares of the company’s stock worth $2,701,000 after purchasing an additional 3,700 shares in the last quarter. Ascentis Independent Advisors lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 123.6% in the 1st quarter. Ascentis Independent Advisors now owns 26,156 shares of the company’s stock valued at $1,130,000 after purchasing an additional 14,460 shares during the last quarter. Finally, Beacon Financial Advisory LLC lifted its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 12.2% in the 1st quarter. Beacon Financial Advisory LLC now owns 10,024 shares of the company’s stock valued at $433,000 after purchasing an additional 1,093 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Trading Up 0.1%

Shares of NYSEARCA GEM traded up $0.07 during trading hours on Friday, reaching $51.04. The stock had a trading volume of 96,812 shares, compared to its average volume of 141,930. The firm has a 50-day moving average of $51.09 and a 200-day moving average of $47.01. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 13.33 and a beta of 0.70. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a fifty-two week low of $36.97 and a fifty-two week high of $54.29.

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