Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF $GGUS Shares Acquired by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC grew its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) by 811.0% in the fourth quarter, Holdings Channel reports. The fund owned 36,141 shares of the company’s stock after purchasing an additional 32,174 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF were worth $2,301,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. increased its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 121.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 579,574 shares of the company’s stock worth $36,683,000 after acquiring an additional 317,274 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 117.7% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 97,984 shares of the company’s stock worth $6,202,000 after acquiring an additional 52,978 shares during the last quarter. Keebeck Wealth Management increased its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 385.4% in the 3rd quarter. Keebeck Wealth Management now owns 48,051 shares of the company’s stock worth $3,041,000 after acquiring an additional 38,152 shares during the last quarter. Sowell Financial Services LLC increased its position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 22.3% during the 4th quarter. Sowell Financial Services LLC now owns 43,011 shares of the company’s stock worth $2,738,000 after purchasing an additional 7,834 shares during the last quarter. Finally, CoreCap Advisors LLC increased its position in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 65.0% during the 4th quarter. CoreCap Advisors LLC now owns 24,253 shares of the company’s stock worth $1,544,000 after purchasing an additional 9,555 shares during the last quarter.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Trading Up 0.5%

Shares of NYSEARCA:GGUS opened at $64.53 on Friday. The business has a 50-day moving average price of $60.87 and a 200 day moving average price of $62.49. The company has a market capitalization of $425.90 million, a price-to-earnings ratio of 35.28 and a beta of 1.15. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a 12-month low of $50.58 and a 12-month high of $66.12.

About Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest growth characteristics based on Russells style methodology. GGUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.