Raymond James & Associates Buys New Shares in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)

Raymond James & Associates purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS – Get Rating) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 114,939 shares of the company’s stock, valued at approximately $5,966,000.

Several other hedge funds have also recently made changes to their positions in GSUS. LPL Financial LLC boosted its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 64.6% during the fourth quarter. LPL Financial LLC now owns 3,878,044 shares of the company’s stock worth $201,309,000 after acquiring an additional 1,521,568 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 76.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,912,121 shares of the company’s stock valued at $99,258,000 after purchasing an additional 831,217 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 70.6% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 94,690 shares of the company’s stock worth $4,915,000 after purchasing an additional 39,171 shares in the last quarter. Orion Portfolio Solutions LLC grew its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 69.2% in the 4th quarter. Orion Portfolio Solutions LLC now owns 27,731 shares of the company’s stock valued at $1,440,000 after buying an additional 11,337 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC increased its position in Goldman Sachs MarketBeta U.S. Equity ETF by 4.5% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 24,852 shares of the company’s stock valued at $1,290,000 after buying an additional 1,064 shares in the last quarter.

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

Shares of BATS:GSUS opened at $57.13 on Monday. The business has a 50-day moving average price of $55.45 and a 200 day moving average price of $54.43. The company has a market capitalization of $874.09 million, a price-to-earnings ratio of 10.62 and a beta of 0.99.

About Goldman Sachs MarketBeta U.S. Equity ETF

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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.