World Equity Group Inc. Raises Holdings in Goldman Sachs MarketBeta U.S. Equity ETF $GSUS

World Equity Group Inc. grew its holdings in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 86.7% in the first quarter, Holdings Channel reports. The firm owned 11,526 shares of the company’s stock after buying an additional 5,351 shares during the quarter. World Equity Group Inc.’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $1,033,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 5.6% during the fourth quarter. LPL Financial LLC now owns 5,951,529 shares of the company’s stock valued at $561,824,000 after purchasing an additional 314,313 shares in the last quarter. Principal Securities Inc. increased its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 3.8% in the 4th quarter. Principal Securities Inc. now owns 1,180,477 shares of the company’s stock worth $111,437,000 after buying an additional 42,793 shares in the last quarter. Morgan Stanley increased its holdings in Goldman Sachs MarketBeta U.S. Equity ETF by 10.4% in the 4th quarter. Morgan Stanley now owns 1,140,097 shares of the company’s stock worth $107,625,000 after buying an additional 107,582 shares in the last quarter. Cetera Investment Advisers raised its position in Goldman Sachs MarketBeta U.S. Equity ETF by 6.1% in the 4th quarter. Cetera Investment Advisers now owns 666,715 shares of the company’s stock worth $62,938,000 after buying an additional 38,038 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in Goldman Sachs MarketBeta U.S. Equity ETF by 25.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 616,858 shares of the company’s stock worth $58,231,000 after buying an additional 125,012 shares during the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Performance

GSUS opened at $102.67 on Friday. The stock has a market capitalization of $3.14 billion, a P/E ratio of 26.28 and a beta of 1.02. The company’s 50-day simple moving average is $102.89 and its two-hundred day simple moving average is $97.45. Goldman Sachs MarketBeta U.S. Equity ETF has a 52-week low of $85.82 and a 52-week high of $105.04.

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.