Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Stock Price Up 1.7%

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) rose 1.7% during mid-day trading on Thursday . The company traded as high as $28.18 and last traded at $28.18. Approximately 2,091 shares were traded during trading, a decline of 85% from the average daily volume of 14,196 shares. The stock had previously closed at $27.72.

Goldman Sachs Future Tech Leaders Equity ETF Trading Up 2.1 %

The stock’s fifty day moving average price is $28.76 and its 200-day moving average price is $27.20. The firm has a market cap of $175.44 million, a price-to-earnings ratio of 27.18 and a beta of 1.43.

Institutional Trading of Goldman Sachs Future Tech Leaders Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. grew its stake in shares of Goldman Sachs Future Tech Leaders Equity ETF by 120.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 185,265 shares of the company’s stock valued at $4,365,000 after buying an additional 101,412 shares in the last quarter. Heartwood Wealth Advisors LLC acquired a new position in Goldman Sachs Future Tech Leaders Equity ETF in the 4th quarter valued at about $12,835,000. Cassia Capital Partners LLC purchased a new stake in Goldman Sachs Future Tech Leaders Equity ETF during the fourth quarter worth about $2,087,000. CWM LLC lifted its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 44.2% during the fourth quarter. CWM LLC now owns 8,857 shares of the company’s stock worth $247,000 after purchasing an additional 2,713 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Goldman Sachs Future Tech Leaders Equity ETF by 114.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 26,229 shares of the company’s stock valued at $772,000 after purchasing an additional 13,972 shares during the period.

About Goldman Sachs Future Tech Leaders Equity ETF

The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in potentially growing technology companies that are believed to drive tech innovation around the world. GTEK was launched on Sep 14, 2021 and is managed by Goldman Sachs.