Goldman Sachs Group Inc. Sells 311,361 Shares of Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

Goldman Sachs Group Inc. decreased its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 1.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,755,328 shares of the company’s stock after selling 311,361 shares during the period. Goldman Sachs Group Inc. owned 54.85% of Goldman Sachs MarketBeta U.S. Equity ETF worth $1,581,703,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 548.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,862 shares of the company’s stock valued at $819,000 after purchasing an additional 7,495 shares in the last quarter. World Equity Group Inc. bought a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 4th quarter valued at about $583,000. World Investment Advisors bought a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 4th quarter valued at about $2,568,000. LifePlan Investment Advisors Inc. raised its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 16.0% during the 4th quarter. LifePlan Investment Advisors Inc. now owns 95,665 shares of the company’s stock worth $9,031,000 after buying an additional 13,168 shares during the period. Finally, CoreCap Advisors LLC raised its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 3.5% during the 4th quarter. CoreCap Advisors LLC now owns 464,093 shares of the company’s stock worth $43,810,000 after buying an additional 15,767 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Performance

GSUS stock opened at $104.94 on Wednesday. The stock’s 50 day simple moving average is $97.18 and its 200 day simple moving average is $95.32. Goldman Sachs MarketBeta U.S. Equity ETF has a fifty-two week low of $81.85 and a fifty-two week high of $105.04. The company has a market cap of $3.21 billion, a P/E ratio of 26.28 and a beta of 1.02.

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.