Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Short Interest Update

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 8,193 shares, a decrease of 36.6% from the March 15th total of 12,916 shares. Based on an average daily trading volume, of 4,184 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.2% of the company’s stock are sold short.

Goldman Sachs Future Tech Leaders Equity ETF Stock Up 2.0%

Shares of GTEK traded up $0.92 during mid-day trading on Tuesday, hitting $46.74. The stock had a trading volume of 7,172 shares, compared to its average volume of 21,244. Goldman Sachs Future Tech Leaders Equity ETF has a fifty-two week low of $27.42 and a fifty-two week high of $46.74. The company has a market cap of $191.63 million, a PE ratio of 31.43 and a beta of 1.26. The company’s fifty day simple moving average is $42.29 and its two-hundred day simple moving average is $40.94.

Institutional Investors Weigh In On Goldman Sachs Future Tech Leaders Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 19.8% during the 4th quarter. NewEdge Advisors LLC now owns 4,104 shares of the company’s stock valued at $164,000 after acquiring an additional 678 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 16.2% during the 4th quarter. Kestra Advisory Services LLC now owns 12,326 shares of the company’s stock valued at $493,000 after acquiring an additional 1,715 shares in the last quarter. CWM LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 21.8% during the 4th quarter. CWM LLC now owns 12,331 shares of the company’s stock valued at $493,000 after acquiring an additional 2,208 shares in the last quarter. Heartwood Wealth Advisors LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 0.4% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 559,170 shares of the company’s stock valued at $22,346,000 after acquiring an additional 2,291 shares in the last quarter. Finally, LPL Financial LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 37.4% during the 4th quarter. LPL Financial LLC now owns 16,941 shares of the company’s stock valued at $677,000 after acquiring an additional 4,608 shares in the last quarter.

Goldman Sachs Future Tech Leaders Equity ETF Company Profile

The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in potentially growing technology companies that are believed to drive tech innovation around the world. GTEK was launched on Sep 14, 2021 and is managed by Goldman Sachs.