115,204 Goldman Sachs Innovate Equity ETF $GINN Shares Bought by Summa Corp.

Summa Corp. grew its stake in shares of Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) by 208.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 170,354 shares of the company’s stock after acquiring an additional 115,204 shares during the period. Goldman Sachs Innovate Equity ETF accounts for approximately 2.8% of Summa Corp.’s portfolio, making the stock its 9th largest holding. Summa Corp. owned 7.74% of Goldman Sachs Innovate Equity ETF worth $13,802,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in GINN. Soltis Investment Advisors LLC purchased a new position in shares of Goldman Sachs Innovate Equity ETF during the 3rd quarter valued at $290,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Goldman Sachs Innovate Equity ETF in the second quarter worth $157,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Goldman Sachs Innovate Equity ETF in the first quarter worth $127,000. American National Bank & Trust bought a new stake in Goldman Sachs Innovate Equity ETF during the third quarter valued at $40,000. Finally, New England Private Wealth Advisors LLC boosted its stake in Goldman Sachs Innovate Equity ETF by 2.9% during the third quarter. New England Private Wealth Advisors LLC now owns 12,573 shares of the company’s stock valued at $1,019,000 after buying an additional 359 shares during the period.

Goldman Sachs Innovate Equity ETF Trading Up 0.2%

Shares of NYSEARCA GINN opened at $79.28 on Wednesday. The business has a 50-day moving average of $81.24 and a 200-day moving average of $77.04. The firm has a market capitalization of $174.42 million, a price-to-earnings ratio of 23.29 and a beta of 1.16. Goldman Sachs Innovate Equity ETF has a 12 month low of $65.63 and a 12 month high of $83.29.

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. GINN was launched on Nov 6, 2020 and is managed by Goldman Sachs.