Keebeck Wealth Management Sells 11,308 Shares of Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

Keebeck Wealth Management lowered its position in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 3.8% in the first quarter, HoldingsChannel reports. The fund owned 287,913 shares of the company’s stock after selling 11,308 shares during the quarter. Goldman Sachs MarketBeta U.S. Equity ETF accounts for about 2.9% of Keebeck Wealth Management’s portfolio, making the stock its 2nd largest position. Keebeck Wealth Management’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $25,794,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. LPL Financial LLC grew its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 5.6% during the 4th quarter. LPL Financial LLC now owns 5,951,529 shares of the company’s stock valued at $561,824,000 after acquiring an additional 314,313 shares during the period. Wells Fargo & Company MN raised its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 1,677.2% in the 4th quarter. Wells Fargo & Company MN now owns 236,313 shares of the company’s stock worth $22,308,000 after purchasing an additional 223,016 shares during the period. Robertson Stephens Wealth Management LLC boosted its position in 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 purchasing an additional 129,116 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in 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 purchasing an additional 125,012 shares in the last quarter. Finally, Morgan Stanley grew its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 10.4% in the fourth quarter. Morgan Stanley now owns 1,140,097 shares of the company’s stock valued at $107,625,000 after purchasing an additional 107,582 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

Goldman Sachs MarketBeta U.S. Equity ETF stock opened at $101.94 on Friday. The stock has a market capitalization of $3.11 billion, a PE ratio of 26.28 and a beta of 1.02. The business has a 50 day simple moving average of $102.93 and a 200-day simple moving average of $97.70. Goldman Sachs MarketBeta U.S. Equity ETF has a 12 month low of $85.82 and a 12 month high of $105.04.

About Goldman Sachs MarketBeta U.S. Equity ETF

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.