Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Short Interest Down 36.6% in March

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 8,193 shares, a decrease of 36.6% from the March 15th total of 12,916 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 4,184 shares, the short-interest ratio is currently 2.0 days.

Goldman Sachs Future Tech Leaders Equity ETF Trading Up 1.4%

GTEK stock traded up $0.67 during midday trading on Thursday, hitting $47.83. 6,920 shares of the company’s stock were exchanged, compared to its average volume of 21,222. The firm has a 50 day moving average price of $42.43 and a 200-day moving average price of $40.98. Goldman Sachs Future Tech Leaders Equity ETF has a 12-month low of $27.42 and a 12-month high of $48.03. The stock has a market capitalization of $196.10 million, a price-to-earnings ratio of 31.43 and a beta of 1.26.

Institutional Trading of Goldman Sachs Future Tech Leaders Equity ETF

Several institutional investors have recently added to or reduced their stakes in GTEK. Jane Street Group LLC bought a new position in shares of Goldman Sachs Future Tech Leaders Equity ETF during the first quarter worth about $922,000. Citadel Advisors LLC grew its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 433.7% in the 3rd quarter. Citadel Advisors LLC now owns 34,346 shares of the company’s stock worth $1,340,000 after acquiring an additional 27,910 shares in the last quarter. Flow Traders U.S. LLC grew its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 144.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 44,394 shares of the company’s stock worth $1,732,000 after acquiring an additional 26,217 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Goldman Sachs Future Tech Leaders Equity ETF by 10.2% in the 2nd quarter. Raymond James Financial Inc. now owns 261,438 shares of the company’s stock valued at $9,433,000 after acquiring an additional 24,210 shares during the last quarter. Finally, Black Swift Group LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 13.6% during the 3rd quarter. Black Swift Group LLC now owns 156,655 shares of the company’s stock valued at $6,111,000 after acquiring an additional 18,700 shares in the last quarter.

About Goldman Sachs Future Tech Leaders Equity ETF

The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in potentially growing technology companies that are believed to drive tech innovation around the world. GTEK was launched on Sep 14, 2021 and is managed by Goldman Sachs.