Crestwood Advisors Group LLC Sells 989 Shares of Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN)

Crestwood Advisors Group LLC reduced its holdings in shares of Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,613 shares of the company’s stock after selling 989 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Goldman Sachs Innovate Equity ETF were worth $1,187,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. UBS Group AG bought a new position in shares of Goldman Sachs Innovate Equity ETF during the 1st quarter valued at approximately $36,000. Modera Wealth Management LLC purchased a new stake in Goldman Sachs Innovate Equity ETF in the third quarter worth $154,000. HighTower Advisors LLC purchased a new stake in Goldman Sachs Innovate Equity ETF in the first quarter worth $214,000. Royal Bank of Canada lifted its position in shares of Goldman Sachs Innovate Equity ETF by 3.7% during the 2nd quarter. Royal Bank of Canada now owns 5,956 shares of the company’s stock valued at $293,000 after buying an additional 215 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of Goldman Sachs Innovate Equity ETF by 4.2% during the 2nd quarter. LPL Financial LLC now owns 6,529 shares of the company’s stock valued at $321,000 after buying an additional 263 shares during the last quarter.

Goldman Sachs Innovate Equity ETF Stock Down 2.3 %

GINN traded down $1.25 during trading hours on Friday, hitting $53.85. The stock had a trading volume of 6,092 shares, compared to its average volume of 14,232. The stock has a market cap of $371.57 million, a PE ratio of 23.21 and a beta of 1.07. Goldman Sachs Innovate Equity ETF has a 1 year low of $43.43 and a 1 year high of $56.33. The company’s fifty day simple moving average is $54.72 and its 200 day simple moving average is $51.05.

Goldman Sachs Innovate Equity ETF Profile

The Goldman Sachs Innovate Equity ETF (GINN) is an exchange-traded fund that is based on the Solactive Innovative Global Equity index. The fund selects companies globally, believed to benefit from technological innovation and changes in the economy across five themes: data, finance, human evolution, manufacturing, and shifts with consumers.