Strategic Financial Services Inc. Has $10.72 Million Stock Holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF $GEM

Strategic Financial Services Inc. decreased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) by 7.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 206,166 shares of the company’s stock after selling 16,089 shares during the quarter. Goldman Sachs ActiveBeta Emerging Markets Equity ETF accounts for approximately 0.5% of Strategic Financial Services Inc.’s holdings, making the stock its 25th biggest holding. Strategic Financial Services Inc. owned approximately 0.60% of Goldman Sachs ActiveBeta Emerging Markets Equity ETF worth $10,721,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in GEM. Wells Fargo & Company MN lifted its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 7.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,127,553 shares of the company’s stock worth $171,789,000 after buying an additional 276,247 shares in the last quarter. Royal Bank of Canada grew its holdings in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 55.9% during the 1st quarter. Royal Bank of Canada now owns 486,143 shares of the company’s stock worth $21,001,000 after acquiring an additional 174,317 shares during the last quarter. Marshall Wace LLP increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 722.4% in the 2nd quarter. Marshall Wace LLP now owns 147,817 shares of the company’s stock valued at $5,500,000 after acquiring an additional 129,843 shares in the last quarter. Jane Street Group LLC increased its position in Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 932.6% in the 2nd quarter. Jane Street Group LLC now owns 131,318 shares of the company’s stock valued at $4,886,000 after acquiring an additional 118,601 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC raised its stake in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF by 202.6% in the fourth quarter. Elevation Point Wealth Partners LLC now owns 151,736 shares of the company’s stock worth $6,315,000 after acquiring an additional 101,591 shares during the last quarter.

Goldman Sachs ActiveBeta Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA GEM opened at $52.43 on Monday. Goldman Sachs ActiveBeta Emerging Markets Equity ETF has a 1-year low of $38.72 and a 1-year high of $54.29. The company has a 50-day moving average of $50.25 and a two-hundred day moving average of $48.73. The company has a market cap of $1.79 billion, a PE ratio of 13.33 and a beta of 0.71.

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