Raymond James Financial Inc. Acquires Shares of 19,470 Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN)

Raymond James Financial Inc. bought a new position in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 19,470 shares of the company’s stock, valued at approximately $1,198,000. Raymond James Financial Inc. owned approximately 0.31% of Goldman Sachs Innovate Equity ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new position in Goldman Sachs Innovate Equity ETF during the fourth quarter valued at $28,000. Heritage Wealth Advisors bought a new stake in shares of Goldman Sachs Innovate Equity ETF in the 4th quarter worth approximately $31,000. LPL Financial LLC grew its stake in shares of Goldman Sachs Innovate Equity ETF by 6.0% in the 4th quarter. LPL Financial LLC now owns 7,396 shares of the company’s stock worth $455,000 after buying an additional 417 shares during the last quarter. New England Private Wealth Advisors LLC increased its position in Goldman Sachs Innovate Equity ETF by 63.3% during the 4th quarter. New England Private Wealth Advisors LLC now owns 12,522 shares of the company’s stock valued at $771,000 after buying an additional 4,855 shares in the last quarter. Finally, IPG Investment Advisors LLC purchased a new position in Goldman Sachs Innovate Equity ETF during the fourth quarter valued at $892,000.

Goldman Sachs Innovate Equity ETF Trading Up 2.2 %

Goldman Sachs Innovate Equity ETF stock opened at $60.88 on Friday. The company has a market capitalization of $213.08 million, a price-to-earnings ratio of 20.78 and a beta of 1.13. The business’s fifty day simple moving average is $58.71 and its two-hundred day simple moving average is $61.72. Goldman Sachs Innovate Equity ETF has a 12 month low of $50.32 and a 12 month high of $66.27.

About Goldman Sachs Innovate Equity ETF

The Goldman Sachs Innovate Equity ETF (GINN) is an exchange-traded fund that is based on the Solactive Innovative Global Equity index. The fund selects companies globally, believed to benefit from technological innovation and changes in the economy across five themes: data, finance, human evolution, manufacturing, and shifts with consumers.