Farther Finance Advisors LLC Invests $461,000 in Goldman Sachs Innovate Equity ETF $GINN

Farther Finance Advisors LLC acquired a new position in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 6,849 shares of the company’s stock, valued at approximately $461,000. Farther Finance Advisors LLC owned approximately 0.21% of Goldman Sachs Innovate Equity ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of GINN. Bank of America Corp DE raised its stake in shares of Goldman Sachs Innovate Equity ETF by 1.3% in the 4th quarter. Bank of America Corp DE now owns 36,328 shares of the company’s stock worth $2,236,000 after buying an additional 456 shares in the last quarter. SOL Capital Management CO raised its stake in shares of Goldman Sachs Innovate Equity ETF by 1.1% in the 1st quarter. SOL Capital Management CO now owns 79,795 shares of the company’s stock worth $4,698,000 after buying an additional 871 shares in the last quarter. Finally, Hughes Financial Services LLC raised its stake in shares of Goldman Sachs Innovate Equity ETF by 0.7% in the 1st quarter. Hughes Financial Services LLC now owns 542,532 shares of the company’s stock worth $31,986,000 after buying an additional 3,748 shares in the last quarter.

Goldman Sachs Innovate Equity ETF Stock Performance

GINN opened at $73.11 on Friday. Goldman Sachs Innovate Equity ETF has a one year low of $50.32 and a one year high of $74.18. The stock’s fifty day moving average is $70.37 and its 200-day moving average is $64.87. The company has a market capitalization of $241.26 million, a PE ratio of 23.29 and a beta of 1.07.

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.