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

Sowell Financial Services LLC lowered its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 50.2% in the third quarter, HoldingsChannel.com reports. The fund owned 110,531 shares of the company’s stock after selling 111,628 shares during the quarter. Sowell Financial Services LLC’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $11,669,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Brown Lisle Cummings Inc. grew its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 207.2% in the third quarter. Brown Lisle Cummings Inc. now owns 808 shares of the company’s stock valued at $85,000 after purchasing an additional 545 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 1st quarter worth approximately $120,000. Gateway Wealth Partners LLC purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 1st quarter worth approximately $219,000. Kestra Advisory Services LLC raised its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 9.4% during the 1st quarter. Kestra Advisory Services LLC now owns 6,425 shares of the company’s stock worth $576,000 after purchasing an additional 552 shares during the last quarter. Finally, Cornerstone Planning Group LLC acquired a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 1st quarter worth approximately $579,000.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

Shares of Goldman Sachs MarketBeta U.S. Equity ETF stock opened at $106.26 on Wednesday. Goldman Sachs MarketBeta U.S. Equity ETF has a 1 year low of $86.68 and a 1 year high of $108.19. The business has a 50 day moving average price of $106.27 and a 200 day moving average price of $103.06. The company has a market capitalization of $3.25 billion, a P/E ratio of 26.28 and a beta of 1.02.

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.