Susquehanna International Group LLP Trims Stock Position in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN)

Susquehanna International Group LLP cut its stake in shares of Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) by 54.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 25,280 shares of the company’s stock after selling 30,035 shares during the quarter. Susquehanna International Group LLP’s holdings in Goldman Sachs Innovate Equity ETF were worth $1,556,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Hughes Financial Services LLC bought a new position in shares of Goldman Sachs Innovate Equity ETF during the fourth quarter valued at approximately $33,159,000. Raymond James Financial Inc. bought a new position in shares of Goldman Sachs Innovate Equity ETF during the fourth quarter valued at approximately $1,198,000. IPG Investment Advisors LLC bought a new position in shares of Goldman Sachs Innovate Equity ETF during the fourth quarter valued at approximately $892,000. New England Private Wealth Advisors LLC boosted its stake in shares of Goldman Sachs Innovate Equity ETF by 63.3% during the fourth 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 in the last quarter. Finally, Highland Financial Advisors LLC boosted its stake in shares of Goldman Sachs Innovate Equity ETF by 0.7% during the fourth quarter. Highland Financial Advisors LLC now owns 240,051 shares of the company’s stock valued at $14,774,000 after purchasing an additional 1,683 shares in the last quarter.

Goldman Sachs Innovate Equity ETF Stock Performance

NYSEARCA GINN opened at $62.88 on Tuesday. The firm’s 50 day moving average price is $58.52 and its 200-day moving average price is $61.71. Goldman Sachs Innovate Equity ETF has a 52-week low of $50.32 and a 52-week high of $66.27. The company has a market cap of $220.08 million, a PE ratio of 20.78 and a beta of 1.13.

Goldman Sachs Innovate Equity ETF 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.