Royal Bank of Canada Has $1.75 Million Stake in Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

Royal Bank of Canada raised its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 63.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,509 shares of the company’s stock after purchasing an additional 7,558 shares during the period. Royal Bank of Canada’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $1,748,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GSUS. LPL Financial LLC grew its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 5.6% in the 4th quarter. LPL Financial LLC now owns 5,951,529 shares of the company’s stock valued at $561,824,000 after buying an additional 314,313 shares during the last quarter. Principal Securities Inc. raised its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 3.8% during the fourth quarter. Principal Securities Inc. now owns 1,180,477 shares of the company’s stock worth $111,437,000 after acquiring an additional 42,793 shares during the last quarter. Morgan Stanley raised its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 10.4% during the fourth quarter. Morgan Stanley now owns 1,140,097 shares of the company’s stock worth $107,625,000 after acquiring an additional 107,582 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 6.1% in the fourth quarter. Cetera Investment Advisers now owns 666,715 shares of the company’s stock worth $62,938,000 after acquiring an additional 38,038 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 25.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 616,858 shares of the company’s stock worth $58,231,000 after acquiring an additional 125,012 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

Shares of GSUS stock opened at $106.07 on Wednesday. The business’s 50 day simple moving average is $103.63 and its 200 day simple moving average is $98.91. Goldman Sachs MarketBeta U.S. Equity ETF has a one year low of $86.68 and a one year high of $107.67. The stock has a market capitalization of $3.24 billion, a PE ratio of 26.28 and a beta of 1.02.

Goldman Sachs MarketBeta U.S. Equity ETF Profile

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.