18,421 Shares in Goldman Sachs Innovate Equity ETF $GINN Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. bought a new position in shares of Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,421 shares of the company’s stock, valued at approximately $1,347,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its holdings in 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 worth $522,000 after purchasing an additional 290 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Goldman Sachs Innovate Equity ETF by 2.1% during the third quarter. Raymond James Financial Inc. now owns 18,078 shares of the company’s stock worth $1,335,000 after purchasing an additional 375 shares in the last quarter. Bank of America Corp DE grew its position in Goldman Sachs Innovate Equity ETF by 2.7% in the third quarter. Bank of America Corp DE now owns 36,252 shares of the company’s stock worth $2,677,000 after buying an additional 959 shares during the last quarter. Susquehanna International Group LLP grew its position in Goldman Sachs Innovate Equity ETF by 21.0% in the third quarter. Susquehanna International Group LLP now owns 9,128 shares of the company’s stock worth $674,000 after buying an additional 1,585 shares during the last quarter. Finally, Highland Financial Advisors LLC grew its position in Goldman Sachs Innovate Equity ETF by 0.9% in the fourth quarter. Highland Financial Advisors LLC now owns 237,558 shares of the company’s stock worth $17,366,000 after buying an additional 2,078 shares during the last quarter.

Goldman Sachs Innovate Equity ETF Stock Performance

Goldman Sachs Innovate Equity ETF stock opened at $77.33 on Monday. The firm has a market cap of $216.52 million, a price-to-earnings ratio of 23.29 and a beta of 1.15. Goldman Sachs Innovate Equity ETF has a 1 year low of $64.06 and a 1 year high of $80.98. The firm’s 50 day moving average price is $74.72 and its two-hundred day moving average price is $73.78.

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.