Goldman Sachs Group Inc. Has $100.10 Million Position in Goldman Sachs Innovate Equity ETF $GINN

Goldman Sachs Group Inc. cut its position in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) by 20.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,369,289 shares of the company’s stock after selling 355,422 shares during the quarter. Goldman Sachs Group Inc. owned 45.64% of Goldman Sachs Innovate Equity ETF worth $100,095,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in GINN. Raymond James Financial Inc. raised its position in shares of Goldman Sachs Innovate Equity ETF by 2.1% in the 3rd quarter. Raymond James Financial Inc. now owns 18,078 shares of the company’s stock valued at $1,335,000 after buying an additional 375 shares in the last quarter. Bank of America Corp DE raised its position in shares of Goldman Sachs Innovate Equity ETF by 2.7% in the 3rd quarter. Bank of America Corp DE now owns 36,252 shares of the company’s stock valued at $2,677,000 after buying an additional 959 shares in the last quarter. Citadel Advisors LLC raised its position in shares of Goldman Sachs Innovate Equity ETF by 280.2% in the 3rd quarter. Citadel Advisors LLC now owns 23,692 shares of the company’s stock valued at $1,749,000 after buying an additional 17,461 shares in the last quarter. Flow Traders U.S. LLC raised its position in shares of Goldman Sachs Innovate Equity ETF by 253.9% in the 3rd quarter. Flow Traders U.S. LLC now owns 21,166 shares of the company’s stock valued at $1,563,000 after buying an additional 15,185 shares in the last quarter. Finally, Susquehanna International Group LLP raised its position in shares of Goldman Sachs Innovate Equity ETF by 21.0% in the 3rd quarter. Susquehanna International Group LLP now owns 9,128 shares of the company’s stock valued at $674,000 after buying an additional 1,585 shares in the last quarter.

Goldman Sachs Innovate Equity ETF Trading Down 0.5%

Shares of NYSEARCA:GINN opened at $77.08 on Wednesday. The firm has a 50 day moving average of $75.13 and a 200-day moving average of $73.86. The stock has a market capitalization of $215.82 million, a PE ratio of 23.29 and a beta of 1.15. Goldman Sachs Innovate Equity ETF has a 12 month low of $64.06 and a 12 month high of $80.98.

About Goldman Sachs Innovate Equity ETF

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. GINN was launched on Nov 6, 2020 and is managed by Goldman Sachs.