Royal Bank of Canada Buys 7,558 Shares of Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

Royal Bank of Canada lifted its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 63.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,509 shares of the company’s stock after purchasing an additional 7,558 shares during the quarter. Royal Bank of Canada owned 0.06% of Goldman Sachs MarketBeta U.S. Equity ETF worth $1,748,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC increased its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 5.6% in the 4th quarter. LPL Financial LLC now owns 5,951,529 shares of the company’s stock valued at $561,824,000 after buying an additional 314,313 shares during the period. Wells Fargo & Company MN boosted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 1,677.2% during the 4th quarter. Wells Fargo & Company MN now owns 236,313 shares of the company’s stock worth $22,308,000 after acquiring an additional 223,016 shares in the last quarter. Keebeck Wealth Management boosted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 172.1% during the 3rd quarter. Keebeck Wealth Management now owns 293,930 shares of the company’s stock worth $27,159,000 after acquiring an additional 185,891 shares in the last quarter. Robertson Stephens Wealth Management LLC increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 36.9% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 478,806 shares of the company’s stock valued at $45,199,000 after acquiring an additional 129,116 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 25.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 616,858 shares of the company’s stock valued at $58,231,000 after acquiring an additional 125,012 shares during the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

Shares of GSUS opened at $106.07 on Wednesday. The firm has a 50 day simple moving average of $103.63 and a two-hundred day simple moving average of $98.91. Goldman Sachs MarketBeta U.S. Equity ETF has a one year low of $86.68 and a one year high of $107.67. The company has a market cap of $3.24 billion, a P/E ratio of 26.28 and a beta of 1.02.

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.