Envestnet Portfolio Solutions Inc. Purchases 52,978 Shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF $GGUS

Envestnet Portfolio Solutions Inc. increased its position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) by 117.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 97,984 shares of the company’s stock after buying an additional 52,978 shares during the period. Envestnet Portfolio Solutions Inc. owned 1.63% of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF worth $6,202,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 1.3% in the second quarter. Envestnet Asset Management Inc. now owns 262,300 shares of the company’s stock worth $15,204,000 after acquiring an additional 3,397 shares in the last quarter. Sowell Financial Services LLC lifted its stake in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 114.4% in the 3rd quarter. Sowell Financial Services LLC now owns 35,177 shares of the company’s stock valued at $2,226,000 after purchasing an additional 18,772 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 128.1% in the third quarter. CoreCap Advisors LLC now owns 14,698 shares of the company’s stock worth $930,000 after purchasing an additional 8,253 shares in the last quarter. MGO One Seven LLC acquired a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the third quarter worth $886,000. Finally, Private Trust Co. NA raised its holdings in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 1,539.6% during the third quarter. Private Trust Co. NA now owns 5,755 shares of the company’s stock valued at $364,000 after buying an additional 5,404 shares in the last quarter.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Price Performance

Shares of NYSEARCA:GGUS opened at $63.12 on Friday. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a fifty-two week low of $43.64 and a fifty-two week high of $66.12. The stock has a market capitalization of $385.03 million, a P/E ratio of 35.28 and a beta of 1.17. The business has a 50-day moving average of $63.53 and a two-hundred day moving average of $62.41.

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. GGUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.