Bank of New York Mellon Corp Sells 1,004 Shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS)

Bank of New York Mellon Corp reduced its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) by 1.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 91,384 shares of the company’s stock after selling 1,004 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.32% of Goldman Sachs MarketBeta U.S. Equity ETF worth $6,832,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GSUS. CWM LLC bought a new position in Goldman Sachs MarketBeta U.S. Equity ETF in the 2nd quarter worth $84,000. SMI Advisory Services LLC bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the 2nd quarter worth about $214,000. Private Advisor Group LLC increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 14.1% during the 4th quarter. Private Advisor Group LLC now owns 13,710 shares of the company’s stock valued at $896,000 after purchasing an additional 1,689 shares in the last quarter. Perigon Wealth Management LLC increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 3.6% during the 1st quarter. Perigon Wealth Management LLC now owns 14,866 shares of the company’s stock valued at $1,067,000 after purchasing an additional 514 shares in the last quarter. Finally, Regal Investment Advisors LLC increased its stake in Goldman Sachs MarketBeta U.S. Equity ETF by 3.2% during the 4th quarter. Regal Investment Advisors LLC now owns 21,388 shares of the company’s stock valued at $1,398,000 after purchasing an additional 668 shares in the last quarter.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Performance

BATS:GSUS opened at $76.22 on Thursday. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 26.59 and a beta of 1.01. The company’s fifty day moving average price is $75.49 and its 200-day moving average price is $73.03.

Goldman Sachs MarketBeta U.S. Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.2261 dividend. The ex-dividend date of this dividend was Monday, June 24th.

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.