Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Short Interest Update

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 11,865 shares, a decrease of 59.9% from the January 15th total of 29,609 shares. Based on an average daily volume of 14,402 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 14,402 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On Goldman Sachs Future Tech Leaders Equity ETF

Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in Goldman Sachs Future Tech Leaders Equity ETF by 0.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,072,169 shares of the company’s stock valued at $31,820,000 after buying an additional 6,698 shares during the last quarter. Heartwood Wealth Advisors LLC boosted its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 0.4% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 559,170 shares of the company’s stock worth $22,346,000 after acquiring an additional 2,291 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Goldman Sachs Future Tech Leaders Equity ETF by 4.8% in the 3rd quarter. Raymond James Financial Inc. now owns 273,901 shares of the company’s stock valued at $10,685,000 after acquiring an additional 12,463 shares during the last quarter. Black Swift Group LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 13.6% during the 3rd quarter. Black Swift Group LLC now owns 156,655 shares of the company’s stock worth $6,111,000 after acquiring an additional 18,700 shares in the last quarter. Finally, Flow Traders U.S. LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 144.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 44,394 shares of the company’s stock worth $1,732,000 after acquiring an additional 26,217 shares in the last quarter.

Goldman Sachs Future Tech Leaders Equity ETF Stock Performance

Shares of NYSEARCA GTEK traded down $0.75 during trading on Thursday, reaching $42.11. The stock had a trading volume of 7,096 shares, compared to its average volume of 34,565. The company has a market cap of $185.28 million, a P/E ratio of 31.43 and a beta of 1.27. Goldman Sachs Future Tech Leaders Equity ETF has a fifty-two week low of $25.18 and a fifty-two week high of $43.78. The business’s 50-day moving average price is $41.01 and its 200-day moving average price is $39.19.

About Goldman Sachs Future Tech Leaders Equity ETF

The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in potentially growing technology companies that are believed to drive tech innovation around the world. GTEK was launched on Sep 14, 2021 and is managed by Goldman Sachs.