Hexagon Capital Partners LLC Has $218,000 Stake in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM)

Hexagon Capital Partners LLC trimmed its holdings in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 11.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,115 shares of the company’s stock after selling 934 shares during the quarter. Hexagon Capital Partners LLC’s holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF were worth $218,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of GEM. Morris Financial Concepts Inc. grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 36.2% in the fourth quarter. Morris Financial Concepts Inc. now owns 1,508 shares of the company’s stock valued at $46,000 after purchasing an additional 401 shares during the last quarter. Truist Financial Corp grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.2% in the fourth quarter. Truist Financial Corp now owns 17,894 shares of the company’s stock valued at $549,000 after purchasing an additional 556 shares during the last quarter. Elmwood Wealth Management Inc. grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 3.0% in the third quarter. Elmwood Wealth Management Inc. now owns 26,958 shares of the company’s stock valued at $773,000 after purchasing an additional 780 shares during the last quarter. Archford Capital Strategies LLC grew its position in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.5% in the third quarter. Archford Capital Strategies LLC now owns 186,284 shares of the company’s stock valued at $5,340,000 after purchasing an additional 837 shares during the last quarter. Finally, Shufro Rose & Co. LLC lifted its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 0.8% in the third quarter. Shufro Rose & Co. LLC now owns 120,874 shares of the company’s stock valued at $3,465,000 after buying an additional 999 shares during the period.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA GEM traded up $0.07 during mid-day trading on Wednesday, hitting $31.39. The company had a trading volume of 16,042 shares, compared to its average volume of 131,404. The business’s 50-day simple moving average is $31.18 and its 200-day simple moving average is $30.13. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 12 month low of $27.54 and a 12 month high of $31.90. The firm has a market cap of $929.14 million, a P/E ratio of 10.62 and a beta of 0.79.

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.