Envestnet Portfolio Solutions Inc. Reduces Position in Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

Envestnet Portfolio Solutions Inc. lessened its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 4.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 458,939 shares of the company’s stock after selling 19,094 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $39,271,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Mainstay Capital Management LLC ADV purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the second quarter valued at approximately $405,000. Sax Wealth Advisors LLC purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the second quarter valued at approximately $1,169,000. Beacon Financial Advisory LLC boosted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 82.7% during the second quarter. Beacon Financial Advisory LLC now owns 8,463 shares of the company’s stock valued at $724,000 after buying an additional 3,830 shares during the period. Consolidated Portfolio Review Corp purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the second quarter valued at approximately $1,995,000. Finally, Lockerman Financial Group Inc. purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the second quarter valued at approximately $315,000.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

Shares of BATS:GSUS opened at $90.64 on Monday. Goldman Sachs MarketBeta U.S. Equity ETF has a 1 year low of $66.72 and a 1 year high of $87.92. The business has a 50 day simple moving average of $90.34 and a two-hundred day simple moving average of $84.00. The firm has a market capitalization of $2.77 billion, a PE ratio of 26.28 and a beta of 1.02.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

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.