Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Shares Up 1.7%

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) shot up 1.7% during mid-day trading on Thursday . The stock traded as high as $28.18 and last traded at $28.18. 2,091 shares were traded during trading, a decline of 85% from the average session volume of 14,196 shares. The stock had previously closed at $27.72.

Goldman Sachs Future Tech Leaders Equity ETF Stock Performance

The firm has a market capitalization of $171.89 million, a PE ratio of 27.18 and a beta of 1.43. The stock’s 50 day simple moving average is $28.76 and its two-hundred day simple moving average is $27.17.

Institutional Trading of Goldman Sachs Future Tech Leaders Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. CWM LLC boosted its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 44.2% during the fourth quarter. CWM LLC now owns 8,857 shares of the company’s stock worth $247,000 after buying an additional 2,713 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Goldman Sachs Future Tech Leaders Equity ETF by 114.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 26,229 shares of the company’s stock valued at $772,000 after buying an additional 13,972 shares in the last quarter. Cassia Capital Partners LLC purchased a new stake in Goldman Sachs Future Tech Leaders Equity ETF during the fourth quarter worth approximately $2,087,000. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Goldman Sachs Future Tech Leaders Equity ETF by 120.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 185,265 shares of the company’s stock valued at $4,365,000 after buying an additional 101,412 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in shares of Goldman Sachs Future Tech Leaders Equity ETF during the fourth quarter worth about $12,835,000.

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.