Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Short Interest Update

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 8,193 shares, a decline of 36.6% from the March 15th total of 12,916 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 4,184 shares, the short-interest ratio is presently 2.0 days.

Institutional Investors Weigh In On Goldman Sachs Future Tech Leaders Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 19.8% during the fourth quarter. NewEdge Advisors LLC now owns 4,104 shares of the company’s stock worth $164,000 after purchasing an additional 678 shares during the period. Kestra Advisory Services LLC raised its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 16.2% during the fourth quarter. Kestra Advisory Services LLC now owns 12,326 shares of the company’s stock worth $493,000 after purchasing an additional 1,715 shares during the period. CWM LLC raised its position in Goldman Sachs Future Tech Leaders Equity ETF by 21.8% during the fourth quarter. CWM LLC now owns 12,331 shares of the company’s stock valued at $493,000 after buying an additional 2,208 shares during the period. Heartwood Wealth Advisors LLC raised its position in Goldman Sachs Future Tech Leaders Equity ETF by 0.4% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 559,170 shares of the company’s stock valued at $22,346,000 after buying an additional 2,291 shares during the period. Finally, LPL Financial LLC raised its position in Goldman Sachs Future Tech Leaders Equity ETF by 37.4% during the fourth quarter. LPL Financial LLC now owns 16,941 shares of the company’s stock valued at $677,000 after buying an additional 4,608 shares during the period.

Goldman Sachs Future Tech Leaders Equity ETF Trading Up 0.9%

Shares of Goldman Sachs Future Tech Leaders Equity ETF stock traded up $0.42 on Wednesday, reaching $47.16. 34,583 shares of the company were exchanged, compared to its average volume of 21,431. The stock has a fifty day moving average price of $42.43 and a 200-day moving average price of $40.98. The firm has a market capitalization of $193.36 million, a price-to-earnings ratio of 31.43 and a beta of 1.26. Goldman Sachs Future Tech Leaders Equity ETF has a fifty-two week low of $27.42 and a fifty-two week high of $47.39.

Goldman Sachs Future Tech Leaders Equity ETF Company Profile

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.