Goldman Sachs Future Consumer Equity ETF (NYSEARCA:GBUY) Shares Sold by Gradient Investments LLC

Gradient Investments LLC lowered its holdings in Goldman Sachs Future Consumer Equity ETF (NYSEARCA:GBUY) by 61.8% in the fourth quarter, HoldingsChannel reports. The firm owned 505,460 shares of the company’s stock after selling 816,097 shares during the period. Gradient Investments LLC owned about 0.28% of Goldman Sachs Future Consumer Equity ETF worth $17,780,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of GBUY. Brown Financial Advisors boosted its stake in shares of Goldman Sachs Future Consumer Equity ETF by 5.6% during the 3rd quarter. Brown Financial Advisors now owns 92,362 shares of the company’s stock valued at $3,229,000 after buying an additional 4,930 shares during the last quarter. Mattson Financial Services LLC acquired a new stake in Goldman Sachs Future Consumer Equity ETF in the second quarter valued at $1,637,000. Paladin Wealth LLC bought a new position in Goldman Sachs Future Consumer Equity ETF during the 3rd quarter valued at $1,301,000. Jane Street Group LLC acquired a new position in Goldman Sachs Future Consumer Equity ETF during the 3rd quarter worth $827,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of Goldman Sachs Future Consumer Equity ETF in the 3rd quarter worth about $224,000.

Goldman Sachs Future Consumer Equity ETF Stock Performance

Shares of GBUY stock opened at $36.26 on Friday. The stock has a market capitalization of $65.27 million, a price-to-earnings ratio of 34.26 and a beta of 1.21. Goldman Sachs Future Consumer Equity ETF has a one year low of $28.14 and a one year high of $37.23. The company’s 50-day simple moving average is $35.86 and its 200-day simple moving average is $34.46.

Goldman Sachs Future Consumer Equity ETF Company Profile

The Goldman Sachs Future Consumer Equity ETF (GBUY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed to invest in global stocks associated with priorities and spending habits of younger consumers. GBUY was launched on Nov 9, 2021 and is managed by Goldman Sachs.