Clearwater Capital Advisors LLC Sells 11,344 Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Clearwater Capital Advisors LLC lowered its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 7.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,688 shares of the company’s stock after selling 11,344 shares during the quarter. Clearwater Capital Advisors LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $4,890,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. SigFig Wealth Management LLC increased its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 1.1% in the fourth quarter. SigFig Wealth Management LLC now owns 3,000,482 shares of the company’s stock worth $92,084,000 after buying an additional 32,532 shares during the period. Wells Fargo & Company MN grew its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,402,868 shares of the company’s stock worth $73,744,000 after acquiring an additional 20,515 shares during the last quarter. WMS Partners LLC increased its stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.8% in the 1st quarter. WMS Partners LLC now owns 1,577,938 shares of the company’s stock worth $49,453,000 after purchasing an additional 57,642 shares during the period. Raymond James & Associates lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 17.4% in the second quarter. Raymond James & Associates now owns 1,386,175 shares of the company’s stock valued at $45,286,000 after purchasing an additional 205,107 shares during the last quarter. Finally, Spinnaker Trust boosted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.4% during the second quarter. Spinnaker Trust now owns 1,098,361 shares of the company’s stock valued at $35,883,000 after purchasing an additional 4,445 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Down 1.7 %

Shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF stock traded down $0.54 on Friday, hitting $32.13. The stock had a trading volume of 42,222 shares, compared to its average volume of 110,156. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a one year low of $27.54 and a one year high of $34.13. The stock’s 50-day simple moving average is $32.88 and its two-hundred day simple moving average is $32.17. The stock has a market cap of $951.05 million, a price-to-earnings ratio of 10.62 and a beta of 0.79.

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.