Beacon Financial Advisory LLC Has $2.91 Million Stock Holdings in Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

Beacon Financial Advisory LLC grew its position in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 120.3% during the 4th quarter, HoldingsChannel reports. The firm owned 30,851 shares of the company’s stock after purchasing an additional 16,844 shares during the quarter. Goldman Sachs MarketBeta U.S. Equity ETF comprises about 0.7% of Beacon Financial Advisory LLC’s portfolio, making the stock its 27th largest holding. Beacon Financial Advisory LLC’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $2,912,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. LPL Financial LLC raised its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 5.6% during the fourth quarter. LPL Financial LLC now owns 5,951,529 shares of the company’s stock worth $561,824,000 after acquiring an additional 314,313 shares during the period. Principal Securities Inc. raised its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.8% during the fourth quarter. Principal Securities Inc. now owns 1,180,477 shares of the company’s stock worth $111,437,000 after acquiring an additional 42,793 shares during the period. Morgan Stanley raised its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 10.4% during the fourth quarter. Morgan Stanley now owns 1,140,097 shares of the company’s stock worth $107,625,000 after acquiring an additional 107,582 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings 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 acquiring an additional 125,012 shares during the period. Finally, Robertson Stephens Wealth Management LLC raised its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 36.9% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 478,806 shares of the company’s stock worth $45,199,000 after acquiring an additional 129,116 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Up 1.9%

Shares of BATS:GSUS opened at $104.25 on Tuesday. Goldman Sachs MarketBeta U.S. Equity ETF has a 12 month low of $82.24 and a 12 month high of $105.04. The company’s fifty day simple moving average is $99.85 and its 200 day simple moving average is $96.06. The firm has a market cap of $3.18 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02.

Goldman Sachs MarketBeta U.S. Equity ETF Company 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.