Envestnet Portfolio Solutions Inc. Raises Holdings in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF $GGUS

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) by 21.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,450 shares of the company’s stock after purchasing an additional 21,466 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF were worth $7,604,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of GGUS. Osaic Holdings Inc. raised its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 18.1% in the 2nd quarter. Osaic Holdings Inc. now owns 2,975 shares of the company’s stock valued at $172,000 after purchasing an additional 457 shares during the last quarter. Consolidated Portfolio Review Corp acquired a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 3rd quarter valued at about $210,000. Perigon Wealth Management LLC acquired a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 4th quarter valued at about $245,000. World Investment Advisors acquired a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 4th quarter valued at about $304,000. Finally, JPMorgan Chase & Co. acquired a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF in the 3rd quarter valued at about $373,000.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Stock Performance

GGUS stock opened at $67.02 on Thursday. The stock has a market capitalization of $442.33 million, a P/E ratio of 35.28 and a beta of 1.14. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a one year low of $53.46 and a one year high of $67.58. The company has a 50 day moving average price of $62.06 and a two-hundred day moving average price of $62.67.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Company Profile

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest growth characteristics based on Russells style methodology. GGUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.