Hughes Financial Services LLC Sells 494,189 Shares of Goldman Sachs Innovate Equity ETF $GINN

Hughes Financial Services LLC lowered its holdings in shares of Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) by 91.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 48,343 shares of the company’s stock after selling 494,189 shares during the period. Goldman Sachs Innovate Equity ETF accounts for approximately 0.6% of Hughes Financial Services LLC’s portfolio, making the stock its 22nd biggest holding. Hughes Financial Services LLC’s holdings in Goldman Sachs Innovate Equity ETF were worth $3,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Summa Corp. purchased a new stake in shares of Goldman Sachs Innovate Equity ETF in the 2nd quarter worth approximately $226,000.

Goldman Sachs Innovate Equity ETF Trading Down 0.3%

Goldman Sachs Innovate Equity ETF stock opened at $73.64 on Monday. The business’s fifty day simple moving average is $73.81 and its two-hundred day simple moving average is $68.64. The company has a market capitalization of $243.01 million, a price-to-earnings ratio of 23.29 and a beta of 1.13. Goldman Sachs Innovate Equity ETF has a 12 month low of $50.32 and a 12 month high of $76.80.

Goldman Sachs Innovate Equity ETF Profile

The Goldman Sachs Innovate Equity ETF (GINN) is an exchange-traded fund that is based on the Solactive Innovative Global Equity index. The fund selects companies globally, believed to benefit from technological innovation and changes in the economy across five themes: data, finance, human evolution, manufacturing, and shifts with consumers.