Atwood & Palmer Inc. Acquires 41,918 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Atwood & Palmer Inc. acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 41,918 shares of the company’s stock, valued at approximately $2,142,000. Atwood & Palmer Inc. owned 0.12% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GEM. American National Bank & Trust acquired a new position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the third quarter valued at $12,723,000. Envestnet Portfolio Solutions Inc. grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 82.4% during the 2nd 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 period. Envestnet Asset Management Inc. raised its stake in shares of 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 valued at $162,632,000 after buying an additional 1,627,669 shares during the last quarter. Archford Capital Strategies LLC purchased a new position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF during the 2nd quarter valued at about $204,000. Finally, Integrated Wealth Concepts LLC raised its stake in shares of 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 valued at $1,703,000 after buying an additional 1,283 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 1.9%

Shares of GEM traded down $1.00 during mid-day trading on Thursday, reaching $50.37. The company had a trading volume of 365,378 shares, compared to its average volume of 136,746. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 52-week low of $39.63 and a 52-week high of $54.29. The stock has a market capitalization of $1.74 billion, a P/E ratio of 13.33 and a beta of 0.71. The stock has a 50 day moving average of $51.09 and a two-hundred day moving average of $49.73.

About Goldman Sachs ActiveBeta Emerging Markets Equity ETF

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.