Paladin Wealth LLC Cuts Position in Goldman Sachs Future Consumer Equity ETF (NYSEARCA:GBUY)

Paladin Wealth LLC trimmed its position in shares of Goldman Sachs Future Consumer Equity ETF (NYSEARCA:GBUY) by 61.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,228 shares of the company’s stock after selling 22,982 shares during the period. Paladin Wealth LLC’s holdings in Goldman Sachs Future Consumer Equity ETF were worth $500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brown Financial Advisors increased its position in Goldman Sachs Future Consumer Equity ETF by 5.6% in the third quarter. Brown Financial Advisors now owns 92,362 shares of the company’s stock worth $3,229,000 after purchasing an additional 4,930 shares during the last quarter. Tidal Investments LLC purchased a new position in shares of Goldman Sachs Future Consumer Equity ETF in the 3rd quarter worth $207,000. Flow Traders U.S. LLC bought a new stake in shares of Goldman Sachs Future Consumer Equity ETF in the 3rd quarter worth about $224,000. Finally, Jane Street Group LLC purchased a new stake in shares of Goldman Sachs Future Consumer Equity ETF during the 3rd quarter valued at about $827,000.

Goldman Sachs Future Consumer Equity ETF Trading Up 0.7 %

Shares of NYSEARCA:GBUY opened at $36.41 on Tuesday. The company has a market cap of $65.54 million, a price-to-earnings ratio of 34.26 and a beta of 1.21. Goldman Sachs Future Consumer Equity ETF has a 12 month low of $29.44 and a 12 month high of $37.23. The company has a 50-day moving average price of $35.99 and a 200 day moving average price of $34.72.

About Goldman Sachs Future Consumer Equity ETF

The Goldman Sachs Future Consumer Equity ETF (GBUY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed to invest in global stocks associated with priorities and spending habits of younger consumers. GBUY was launched on Nov 9, 2021 and is managed by Goldman Sachs.