Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK – Get Free Report) shares were up 1.3% on Thursday . The company traded as high as $58.28 and last traded at $58.14. Approximately 9,665 shares traded hands during trading, a decline of 54% from the average daily volume of 21,012 shares. The stock had previously closed at $57.38.
Goldman Sachs Future Tech Leaders Equity ETF Trading Up 1.3%
The stock’s fifty day simple moving average is $57.67 and its 200 day simple moving average is $51.86. The company has a market cap of $244.19 million, a price-to-earnings ratio of 31.43 and a beta of 1.41.
Hedge Funds Weigh In On Goldman Sachs Future Tech Leaders Equity ETF
Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in Goldman Sachs Future Tech Leaders Equity ETF by 101.5% during the first quarter. Royal Bank of Canada now owns 2,015 shares of the company’s stock worth $82,000 after buying an additional 1,015 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of Goldman Sachs Future Tech Leaders Equity ETF in the 1st quarter worth $170,000. Cassia Capital Partners LLC raised its holdings in shares of Goldman Sachs Future Tech Leaders Equity ETF by 2.9% during the 1st quarter. Cassia Capital Partners LLC now owns 83,404 shares of the company’s stock worth $3,411,000 after acquiring an additional 2,373 shares during the period. Mercer Global Advisors Inc. ADV purchased a new position in shares of Goldman Sachs Future Tech Leaders Equity ETF during the 4th quarter worth $280,000. Finally, NewEdge Advisors LLC boosted its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 19.8% during the 4th quarter. NewEdge Advisors LLC now owns 4,104 shares of the company’s stock valued at $164,000 after acquiring an additional 678 shares during the last quarter.
Goldman Sachs Future Tech Leaders Equity ETF Company Profile
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.
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