Summa Corp. Purchases 32,183 Shares of Goldman Sachs Innovate Equity ETF $GINN

Summa Corp. grew its position in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) by 960.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 35,533 shares of the company’s stock after buying an additional 32,183 shares during the period. Goldman Sachs Innovate Equity ETF makes up about 1.0% of Summa Corp.’s investment portfolio, making the stock its 16th largest holding. Summa Corp. owned about 1.27% of Goldman Sachs Innovate Equity ETF worth $2,427,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its holdings in shares of Goldman Sachs Innovate Equity ETF by 4.2% during the fourth quarter. Farther Finance Advisors LLC now owns 7,139 shares of the company’s stock valued at $522,000 after buying an additional 290 shares during the last quarter. Raymond James Financial Inc. raised its holdings in 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 worth $1,335,000 after acquiring an additional 375 shares during the last quarter. LPL Financial LLC lifted its position in Goldman Sachs Innovate Equity ETF by 10.5% in the 4th quarter. LPL Financial LLC now owns 7,967 shares of the company’s stock valued at $582,000 after acquiring an additional 757 shares in the last quarter. Bank of America Corp DE lifted its position in 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 acquiring an additional 959 shares in the last quarter. Finally, Susquehanna International Group LLP boosted its stake in Goldman Sachs Innovate Equity ETF by 21.0% during the 3rd quarter. Susquehanna International Group LLP now owns 9,128 shares of the company’s stock valued at $674,000 after purchasing an additional 1,585 shares during the last quarter.

Goldman Sachs Innovate Equity ETF Trading Down 0.1%

GINN traded down $0.08 during trading on Friday, hitting $79.45. 604 shares of the company’s stock traded hands, compared to its average volume of 4,688. The stock has a market capitalization of $214.51 million, a price-to-earnings ratio of 23.29 and a beta of 1.14. The company’s 50 day simple moving average is $77.94 and its two-hundred day simple moving average is $74.55. Goldman Sachs Innovate Equity ETF has a 12-month low of $65.63 and a 12-month high of $80.98.

Goldman Sachs Innovate Equity ETF Company 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. GINN was launched on Nov 6, 2020 and is managed by Goldman Sachs.