Cetera Investment Advisers Has $455,000 Stake in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN)

Cetera Investment Advisers raised its position in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) by 30.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,387 shares of the company’s stock after buying an additional 1,723 shares during the quarter. Cetera Investment Advisers’ holdings in Goldman Sachs Innovate Equity ETF were worth $455,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hughes Financial Services LLC acquired a new stake in shares of Goldman Sachs Innovate Equity ETF during the 4th quarter worth approximately $33,159,000. Berger Financial Group Inc raised its position in Goldman Sachs Innovate Equity ETF by 0.8% during the fourth quarter. Berger Financial Group Inc now owns 283,174 shares of the company’s stock valued at $17,428,000 after purchasing an additional 2,138 shares in the last quarter. Highland Financial Advisors LLC lifted its stake in 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 worth $14,774,000 after purchasing an additional 1,683 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Goldman Sachs Innovate Equity ETF by 1.3% in the 4th quarter. Bank of America Corp DE now owns 36,328 shares of the company’s stock valued at $2,236,000 after purchasing an additional 456 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of Goldman Sachs Innovate Equity ETF by 3.7% in the 4th quarter. HighTower Advisors LLC now owns 23,980 shares of the company’s stock valued at $1,476,000 after purchasing an additional 856 shares in the last quarter.

Goldman Sachs Innovate Equity ETF Stock Performance

Shares of GINN opened at $63.64 on Wednesday. Goldman Sachs Innovate Equity ETF has a 52-week low of $50.32 and a 52-week high of $66.27. The firm has a market cap of $213.19 million, a price-to-earnings ratio of 21.49 and a beta of 1.13. The business’s fifty day moving average is $59.08 and its 200-day moving average is $61.82.

About Goldman Sachs Innovate Equity ETF

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.