Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Trading 1.3% Higher – Here’s What Happened

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK)’s share price shot up 1.3% on Tuesday . The company traded as high as $57.87 and last traded at $57.52. 10,261 shares traded hands during trading, a decline of 51% from the average daily volume of 20,749 shares. The stock had previously closed at $56.78.

Goldman Sachs Future Tech Leaders Equity ETF Stock Up 1.3%

The business’s 50 day moving average is $58.22 and its 200-day moving average is $48.47. The firm has a market capitalization of $235.83 million, a P/E ratio of 31.43 and a beta of 1.39.

Hedge Funds Weigh In On Goldman Sachs Future Tech Leaders Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in Goldman Sachs Future Tech Leaders Equity ETF in the first quarter valued at approximately $922,000. Citadel Advisors LLC increased its holdings in shares of Goldman Sachs Future Tech Leaders Equity ETF by 433.7% during the third quarter. Citadel Advisors LLC now owns 34,346 shares of the company’s stock worth $1,340,000 after buying an additional 27,910 shares in the last quarter. Flow Traders U.S. LLC increased its holdings in shares of Goldman Sachs Future Tech Leaders Equity ETF by 144.2% during the third quarter. Flow Traders U.S. LLC now owns 44,394 shares of the company’s stock worth $1,732,000 after buying an additional 26,217 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Goldman Sachs Future Tech Leaders Equity ETF by 10.2% during the second quarter. Raymond James Financial Inc. now owns 261,438 shares of the company’s stock worth $9,433,000 after buying an additional 24,210 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its stake in shares of Goldman Sachs Future Tech Leaders Equity ETF by 100.3% in the 3rd quarter. Susquehanna International Group LLP now owns 20,652 shares of the company’s stock valued at $806,000 after acquiring an additional 10,343 shares during the last quarter.

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.