Envestnet Asset Management Inc. Boosts Stake in Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

Envestnet Asset Management Inc. boosted its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUSFree Report) by 7.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,046,008 shares of the company’s stock after buying an additional 222,740 shares during the quarter. Envestnet Asset Management Inc. owned approximately 9.97% of Goldman Sachs MarketBeta U.S. Equity ETF worth $281,451,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. CWM LLC increased its position in Goldman Sachs MarketBeta U.S. Equity ETF by 76.7% during the 3rd quarter. CWM LLC now owns 318 shares of the company’s stock valued at $29,000 after purchasing an additional 138 shares during the period. Qube Research & Technologies Ltd bought a new stake in Goldman Sachs MarketBeta U.S. Equity ETF in the second quarter worth $42,000. SOA Wealth Advisors LLC. bought a new stake in Goldman Sachs MarketBeta U.S. Equity ETF in the third quarter worth about $49,000. Hurley Capital LLC increased its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 80.4% during the second quarter. Hurley Capital LLC now owns 1,618 shares of the company’s stock worth $138,000 after acquiring an additional 721 shares during the period. Finally, Private Trust Co. NA increased its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 232.5% during the second quarter. Private Trust Co. NA now owns 2,105 shares of the company’s stock valued at $180,000 after buying an additional 1,472 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Up 17.8%

Shares of GSUS opened at $94.53 on Thursday. The company has a market cap of $2.89 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02. Goldman Sachs MarketBeta U.S. Equity ETF has a twelve month low of $66.72 and a twelve month high of $87.92. The company has a 50 day moving average of $95.02 and a two-hundred day moving average of $92.44.

Goldman Sachs MarketBeta U.S. Equity ETF Profile

(Free Report)

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.

Further Reading

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Institutional Ownership by Quarter for Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)

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