Goldman Sachs MarketBeta U.S. Equity ETF $GSUS Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 758,721 shares of the company’s stock after buying an additional 28,471 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $78,224,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Fifth Third Bancorp bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the first quarter valued at approximately $120,000. Gateway Wealth Partners LLC bought a new stake in Goldman Sachs MarketBeta U.S. Equity ETF during the first quarter worth approximately $219,000. Kestra Advisory Services LLC raised its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 9.4% during the first quarter. Kestra Advisory Services LLC now owns 6,425 shares of the company’s stock worth $576,000 after purchasing an additional 552 shares in the last quarter. Cornerstone Planning Group LLC bought a new stake in Goldman Sachs MarketBeta U.S. Equity ETF during the first quarter worth approximately $579,000. Finally, Camelot Portfolios LLC acquired a new stake in Goldman Sachs MarketBeta U.S. Equity ETF in the second quarter worth approximately $676,000.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Down 0.8%

BATS GSUS traded down $0.88 on Wednesday, reaching $106.43. 406,129 shares of the stock traded hands, compared to its average volume of 112,438. Goldman Sachs MarketBeta U.S. Equity ETF has a 12 month low of $86.68 and a 12 month high of $107.67. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02. The firm’s fifty day simple moving average is $105.17 and its 200 day simple moving average is $100.87.

Goldman Sachs MarketBeta U.S. Equity ETF 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.