Envestnet Portfolio Solutions Inc. Increases Position in Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

Envestnet Portfolio Solutions Inc. increased its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 7.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 491,846 shares of the company’s stock after purchasing an additional 32,907 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $45,447,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 2.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,823,268 shares of the company’s stock worth $241,587,000 after buying an additional 59,907 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 86.4% in the third quarter. Commonwealth Equity Services LLC now owns 94,272 shares of the company’s stock valued at $8,711,000 after acquiring an additional 43,707 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the second quarter worth about $2,187,000. Consolidated Portfolio Review Corp bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the second quarter worth about $1,995,000. Finally, Private Trust Co. NA grew its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 1,064.3% during the third quarter. Private Trust Co. NA now owns 24,508 shares of the company’s stock worth $2,265,000 after purchasing an additional 22,403 shares in the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Trading Up 18.5%

BATS GSUS opened at $95.10 on Friday. The stock’s 50 day moving average is $94.42 and its 200 day moving average is $91.83. Goldman Sachs MarketBeta U.S. Equity ETF has a 12 month low of $66.72 and a 12 month high of $87.92. The stock has a market cap of $2.91 billion, a PE ratio of 26.28 and a beta of 1.02.

Goldman Sachs MarketBeta U.S. Equity ETF 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.