Goldman Sachs MarketBeta U.S. Equity ETF $GSUS Stock Position Decreased by Sowell Financial Services LLC

Sowell Financial Services LLC lowered its position in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 50.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,531 shares of the company’s stock after selling 111,628 shares during the period. Sowell Financial Services LLC owned approximately 0.36% of Goldman Sachs MarketBeta U.S. Equity ETF worth $11,669,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of GSUS. Brown Lisle Cummings Inc. raised its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 207.2% during the third quarter. Brown Lisle Cummings Inc. now owns 808 shares of the company’s stock worth $85,000 after purchasing an additional 545 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Goldman Sachs MarketBeta U.S. Equity ETF during the first quarter worth $120,000. Gateway Wealth Partners LLC purchased a new stake in Goldman Sachs MarketBeta U.S. Equity ETF during the first quarter worth $219,000. Kestra Advisory Services LLC grew its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 9.4% in the first quarter. Kestra Advisory Services LLC now owns 6,425 shares of the company’s stock valued at $576,000 after purchasing an additional 552 shares during the last quarter. Finally, Cornerstone Planning Group LLC acquired a new stake in Goldman Sachs MarketBeta U.S. Equity ETF in the first quarter valued at $579,000.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Performance

Goldman Sachs MarketBeta U.S. Equity ETF stock opened at $106.26 on Wednesday. The firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02. Goldman Sachs MarketBeta U.S. Equity ETF has a fifty-two week low of $86.68 and a fifty-two week high of $108.19. The stock’s fifty day moving average is $106.27 and its two-hundred day moving average is $103.06.

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.