The Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) traded over 1.6 million shares Thursday afternoon, roughly 10x its three-month average volume of about 160,000. Shares were up 0.7% on the day. The move appears flow-driven and points to elevated interest in emerging markets rather than any company-specific fundamental catalyst.
The Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) traded over 1.6 million shares Thursday afternoon, roughly 10x its three-month average volume of about 160,000. Shares were up 0.7% on the day. The move appears flow-driven and points to elevated interest in emerging markets rather than any company-specific fundamental catalyst.
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neutral
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0.10
