Envestnet Portfolio Solutions Inc. Buys 6,174 Shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)

Envestnet Portfolio Solutions Inc. boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 1.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 611,709 shares of the company’s stock after purchasing an additional 6,174 shares during the period. Envestnet Portfolio Solutions Inc. owned about 2.33% of Goldman Sachs MarketBeta U.S. Equity ETF worth $43,908,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Private Advisor Group LLC raised its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 80.6% in the 1st quarter. Private Advisor Group LLC now owns 24,766 shares of the company’s stock valued at $1,778,000 after buying an additional 11,056 shares during the last quarter. Perigon Wealth Management LLC increased its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.6% during the first quarter. Perigon Wealth Management LLC now owns 14,866 shares of the company’s stock worth $1,067,000 after acquiring an additional 514 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in Goldman Sachs MarketBeta U.S. Equity ETF by 126.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 89,131 shares of the company’s stock valued at $6,398,000 after acquiring an additional 49,742 shares in the last quarter. Regal Investment Advisors LLC boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 3.2% during the 4th quarter. Regal Investment Advisors LLC now owns 21,388 shares of the company’s stock valued at $1,398,000 after purchasing an additional 668 shares during the last quarter. Finally, Cetera Advisor Networks LLC raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 1.0% in the fourth quarter. Cetera Advisor Networks LLC now owns 258,471 shares of the company’s stock worth $16,891,000 after purchasing an additional 2,535 shares during the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Up 0.4 %

Goldman Sachs MarketBeta U.S. Equity ETF stock traded up $0.33 during midday trading on Friday, hitting $76.87. 247,760 shares of the stock were exchanged. The company has a market capitalization of $2.21 billion, a PE ratio of 26.59 and a beta of 1.01. The stock’s 50-day simple moving average is $73.63 and its 200-day simple moving average is $70.36.

Goldman Sachs MarketBeta U.S. Equity ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.2261 per share. The ex-dividend date of this dividend was Monday, June 24th.

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.