Envestnet Asset Management Inc. Acquires Shares of 258,903 Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS)

Envestnet Asset Management Inc. acquired a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 258,903 shares of the company’s stock, valued at approximately $12,782,000. Envestnet Asset Management Inc. owned about 4.39% of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. purchased a new stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 1st quarter valued at about $2,327,000. Advisors Capital Management LLC purchased a new stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the fourth quarter valued at approximately $649,000. Finally, Bank of New York Mellon Corp bought a new stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the first quarter worth $372,000.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Stock Down 0.1%

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF stock opened at $59.13 on Friday. The firm has a 50 day moving average price of $56.14 and a 200-day moving average price of $53.45. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a twelve month low of $43.64 and a twelve month high of $59.17. The company has a market capitalization of $295.65 million, a P/E ratio of 35.28 and a beta of 1.15.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Company Profile

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.