IPG Investment Advisors LLC Takes $892,000 Position in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN)

IPG Investment Advisors LLC bought a new position in shares of Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 14,490 shares of the company’s stock, valued at approximately $892,000. IPG Investment Advisors LLC owned 0.23% of Goldman Sachs Innovate Equity ETF at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in Goldman Sachs Innovate Equity ETF in the 4th quarter valued at about $28,000. Heritage Wealth Advisors bought a new position in shares of Goldman Sachs Innovate Equity ETF during the fourth quarter worth approximately $31,000. LPL Financial LLC lifted its holdings in Goldman Sachs Innovate Equity ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 7,396 shares of the company’s stock worth $455,000 after purchasing an additional 417 shares during the last quarter. New England Private Wealth Advisors LLC boosted its stake in Goldman Sachs Innovate Equity ETF by 63.3% in the 4th quarter. New England Private Wealth Advisors LLC now owns 12,522 shares of the company’s stock valued at $771,000 after purchasing an additional 4,855 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Goldman Sachs Innovate Equity ETF in the 4th quarter valued at $1,198,000.

Goldman Sachs Innovate Equity ETF Stock Performance

GINN opened at $59.07 on Friday. The stock has a fifty day moving average of $63.05 and a 200-day moving average of $62.41. The company has a market capitalization of $236.28 million, a P/E ratio of 24.28 and a beta of 1.14. Goldman Sachs Innovate Equity ETF has a fifty-two week low of $51.72 and a fifty-two week high of $66.27.

Goldman Sachs Innovate Equity ETF Company Profile

The Goldman Sachs Innovate Equity ETF (GINN) is an exchange-traded fund that is based on the Solactive Innovative Global Equity index. The fund selects companies globally, believed to benefit from technological innovation and changes in the economy across five themes: data, finance, human evolution, manufacturing, and shifts with consumers.