Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Short Interest Update

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totaling 15,940 shares, an increase of 94.6% from the March 31st total of 8,193 shares. Based on an average daily trading volume, of 30,162 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Trading of Goldman Sachs Future Tech Leaders Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. increased its position in Goldman Sachs Future Tech Leaders Equity ETF by 0.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,072,169 shares of the company’s stock worth $31,820,000 after purchasing an additional 6,698 shares in the last quarter. Heartwood Wealth Advisors LLC increased its position in Goldman Sachs Future Tech Leaders Equity ETF by 0.4% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 559,170 shares of the company’s stock worth $22,346,000 after purchasing an additional 2,291 shares in the last quarter. Raymond James Financial Inc. increased its position in Goldman Sachs Future Tech Leaders Equity ETF by 4.8% during the 3rd quarter. Raymond James Financial Inc. now owns 273,901 shares of the company’s stock worth $10,685,000 after purchasing an additional 12,463 shares in the last quarter. Black Swift Group LLC increased its position in Goldman Sachs Future Tech Leaders Equity ETF by 13.6% during the 3rd quarter. Black Swift Group LLC now owns 156,655 shares of the company’s stock worth $6,111,000 after purchasing an additional 18,700 shares in the last quarter. Finally, Cassia Capital Partners LLC increased its position in Goldman Sachs Future Tech Leaders Equity ETF by 2.9% during the 1st quarter. Cassia Capital Partners LLC now owns 83,404 shares of the company’s stock worth $3,411,000 after purchasing an additional 2,373 shares in the last quarter.

Goldman Sachs Future Tech Leaders Equity ETF Trading Down 0.4%

Shares of GTEK stock traded down $0.20 during mid-day trading on Monday, reaching $50.95. The stock had a trading volume of 7,533 shares, compared to its average volume of 20,446. Goldman Sachs Future Tech Leaders Equity ETF has a 12-month low of $29.87 and a 12-month high of $51.36. The company has a market cap of $203.80 million, a P/E ratio of 31.43 and a beta of 1.26. The business has a 50-day simple moving average of $43.72 and a 200 day simple moving average of $41.58.

Goldman Sachs Future Tech Leaders Equity ETF Company Profile

The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in potentially growing technology companies that are believed to drive tech innovation around the world. GTEK was launched on Sep 14, 2021 and is managed by Goldman Sachs.