Goldman Sachs MarketBeta U.S. Equity ETF $GSUS Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 139.1% during the 1st quarter, Holdings Channel reports. The fund owned 178,628 shares of the company’s stock after buying an additional 103,918 shares during the quarter. NewEdge Advisors LLC’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $16,003,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Royal Bank of Canada raised its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 63.2% during the first quarter. Royal Bank of Canada now owns 19,509 shares of the company’s stock worth $1,748,000 after purchasing an additional 7,558 shares in the last quarter. Gateway Wealth Partners LLC purchased a new stake in Goldman Sachs MarketBeta U.S. Equity ETF in the 1st quarter valued at approximately $219,000. World Equity Group Inc. increased its position in Goldman Sachs MarketBeta U.S. Equity ETF by 86.7% during the 1st quarter. World Equity Group Inc. now owns 11,526 shares of the company’s stock worth $1,033,000 after purchasing an additional 5,351 shares during the period. Cornerstone Planning Group LLC purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 1st quarter worth approximately $579,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 4.6% during the 1st quarter. Bank of New York Mellon Corp now owns 77,089 shares of the company’s stock worth $6,906,000 after buying an additional 3,359 shares in the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

GSUS opened at $106.83 on Friday. Goldman Sachs MarketBeta U.S. Equity ETF has a 12 month low of $86.68 and a 12 month high of $107.19. The stock has a market capitalization of $3.26 billion, a P/E ratio of 26.28 and a beta of 1.02. The business has a 50 day simple moving average of $103.16 and a 200-day simple moving average of $98.32.

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.