Principal Securities Inc. Buys 50,181 Shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)

Principal Securities Inc. boosted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 5.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 932,801 shares of the company’s stock after purchasing an additional 50,181 shares during the period. Goldman Sachs MarketBeta U.S. Equity ETF makes up 1.8% of Principal Securities Inc.’s portfolio, making the stock its 5th biggest position. Principal Securities Inc. owned 3.24% of Goldman Sachs MarketBeta U.S. Equity ETF worth $73,514,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in GSUS. LPL Financial LLC lifted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 2.8% during the second quarter. LPL Financial LLC now owns 5,188,814 shares of the company’s stock worth $387,916,000 after purchasing an additional 141,016 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,180,398 shares of the company’s stock worth $163,007,000 after buying an additional 76,841 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 2.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 627,296 shares of the company’s stock valued at $46,897,000 after acquiring an additional 15,587 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 2.3% in the 2nd quarter. Cetera Investment Advisers now owns 604,521 shares of the company’s stock valued at $45,194,000 after acquiring an additional 13,362 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 2nd quarter valued at approximately $14,611,000.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Down 1.9 %

Goldman Sachs MarketBeta U.S. Equity ETF stock opened at $78.22 on Friday. The stock has a 50 day simple moving average of $78.13 and a two-hundred day simple moving average of $75.03. The firm has a market capitalization of $2.25 billion, a P/E ratio of 26.59 and a beta of 1.01.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.