Goldman Sachs MarketBeta U.S. Equity ETF $GSUS Holdings Decreased by Keebeck Wealth Management

Keebeck Wealth Management lowered its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 3.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 287,913 shares of the company’s stock after selling 11,308 shares during the quarter. Goldman Sachs MarketBeta U.S. Equity ETF comprises approximately 2.9% of Keebeck Wealth Management’s investment portfolio, making the stock its 2nd largest holding. Keebeck Wealth Management owned about 0.94% of Goldman Sachs MarketBeta U.S. Equity ETF worth $25,794,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its position in Goldman Sachs MarketBeta U.S. Equity ETF by 5.6% during the 4th quarter. LPL Financial LLC now owns 5,951,529 shares of the company’s stock worth $561,824,000 after purchasing an additional 314,313 shares during the last quarter. Principal Securities Inc. increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 3.8% during the 4th quarter. Principal Securities Inc. now owns 1,180,477 shares of the company’s stock valued at $111,437,000 after purchasing an additional 42,793 shares in the last quarter. Morgan Stanley raised its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 10.4% in the fourth quarter. Morgan Stanley now owns 1,140,097 shares of the company’s stock worth $107,625,000 after buying an additional 107,582 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 6.1% in the fourth quarter. Cetera Investment Advisers now owns 666,715 shares of the company’s stock worth $62,938,000 after buying an additional 38,038 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 25.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 616,858 shares of the company’s stock worth $58,231,000 after buying an additional 125,012 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

Shares of GSUS opened at $101.94 on Friday. The company’s fifty day moving average price is $102.93 and its 200-day moving average price is $97.70. Goldman Sachs MarketBeta U.S. Equity ETF has a 1-year low of $85.82 and a 1-year high of $105.04. The firm has a market capitalization of $3.11 billion, a PE ratio of 26.28 and a beta of 1.02.

Goldman Sachs MarketBeta U.S. Equity ETF Profile

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.