Envestnet Asset Management Inc. Decreases Stock Holdings in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)

Envestnet Asset Management Inc. reduced its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,063,565 shares of the company’s stock after selling 43,885 shares during the quarter. Envestnet Asset Management Inc. owned 12.90% of Goldman Sachs MarketBeta U.S. Equity ETF worth $134,854,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 18.7% in the third quarter. LPL Financial LLC now owns 4,603,564 shares of the company’s stock valued at $269,677,000 after purchasing an additional 726,633 shares during the period. Principal Securities Inc. purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the fourth quarter valued at $52,125,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the third quarter valued at $35,970,000. CoreCap Advisors LLC boosted its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 7.3% in the fourth quarter. CoreCap Advisors LLC now owns 295,866 shares of the company’s stock valued at $19,335,000 after purchasing an additional 20,184 shares during the period. Finally, Cetera Advisor Networks LLC raised its holdings in 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 valued at $16,891,000 after acquiring an additional 2,535 shares in the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Down 0.1 %

GSUS opened at $73.24 on Friday. The firm has a market capitalization of $2.11 billion, a PE ratio of 26.59 and a beta of 1.01. The company has a 50-day moving average of $71.06 and a two-hundred day moving average of $68.34.

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.