Goldman Sachs Group Inc. Decreases Stock Holdings in Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

Goldman Sachs Group Inc. trimmed its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 1.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 16,755,328 shares of the company’s stock after selling 311,361 shares during the period. Goldman Sachs Group Inc. owned approximately 0.55% of Goldman Sachs MarketBeta U.S. Equity ETF worth $1,581,703,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of GSUS. Envestnet Asset Management Inc. increased its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 7.9% during the third quarter. Envestnet Asset Management Inc. now owns 3,046,008 shares of the company’s stock valued at $281,451,000 after acquiring an additional 222,740 shares during the last quarter. Keebeck Wealth Management increased its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 172.1% during the third quarter. Keebeck Wealth Management now owns 293,930 shares of the company’s stock valued at $27,159,000 after acquiring an additional 185,891 shares during the last quarter. Robertson Stephens Wealth Management LLC increased its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 36.9% during 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. Envestnet Portfolio Solutions Inc. increased its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 25.4% during 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. Finally, Bank of America Corp DE increased its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 828.1% during the third quarter. Bank of America Corp DE now owns 58,423 shares of the company’s stock valued at $5,398,000 after acquiring an additional 52,128 shares during the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Up 0.2%

Shares of GSUS opened at $104.94 on Wednesday. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02. The stock has a 50 day moving average of $97.18 and a 200 day moving average of $95.32. Goldman Sachs MarketBeta U.S. Equity ETF has a 12 month low of $81.85 and a 12 month high of $105.04.

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.