Axxcess Wealth Management LLC Boosts Stake in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)

Axxcess Wealth Management LLC lifted its holdings in Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 14.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,288 shares of the company’s stock after purchasing an additional 413 shares during the period. Axxcess Wealth Management LLC’s holdings in Goldman Sachs MarketBeta U.S. Equity ETF were worth $266,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. raised its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 5.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 625,731 shares of the company’s stock worth $50,578,000 after purchasing an additional 33,834 shares during the period. Raymond James Financial Inc. purchased a new position in Goldman Sachs MarketBeta U.S. Equity ETF during the fourth quarter worth about $2,899,000. Atria Investments Inc raised its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 12.0% during the fourth quarter. Atria Investments Inc now owns 3,209 shares of the company’s stock worth $259,000 after purchasing an additional 343 shares during the period. Bank of New York Mellon Corp raised its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 3.9% during the fourth quarter. Bank of New York Mellon Corp now owns 93,955 shares of the company’s stock worth $7,594,000 after purchasing an additional 3,544 shares during the period. Finally, Global Retirement Partners LLC raised its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 98.0% during the fourth quarter. Global Retirement Partners LLC now owns 23,948 shares of the company’s stock worth $1,936,000 after purchasing an additional 11,856 shares during the period.

Goldman Sachs MarketBeta U.S. Equity ETF Price Performance

Shares of GSUS stock opened at $77.94 on Friday. The firm’s 50-day moving average is $81.52 and its two-hundred day moving average is $80.79. Goldman Sachs MarketBeta U.S. Equity ETF has a 12 month low of $67.85 and a 12 month high of $84.76. The company has a market capitalization of $2.47 billion, a PE ratio of 25.32 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.