Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Trading Down 0% – What’s Next?

Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) was down 0% during mid-day trading on Friday . The company traded as low as $34.12 and last traded at $34.20. Approximately 6,293 shares traded hands during trading, a decline of 69% from the average daily volume of 20,030 shares. The stock had previously closed at $34.21.

Goldman Sachs Future Tech Leaders Equity ETF Price Performance

The stock has a market capitalization of $208.62 million, a P/E ratio of 27.18 and a beta of 1.43. The business’s 50 day moving average price is $33.47 and its 200 day moving average price is $31.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC lifted its position in Goldman Sachs Future Tech Leaders Equity ETF by 953.2% during the third quarter. Jane Street Group LLC now owns 92,715 shares of the company’s stock valued at $2,822,000 after purchasing an additional 83,912 shares in the last quarter. Heartwood Wealth Advisors LLC increased its stake in Goldman Sachs Future Tech Leaders Equity ETF by 0.9% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 590,836 shares of the company’s stock worth $19,091,000 after buying an additional 5,174 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in Goldman Sachs Future Tech Leaders Equity ETF during the third quarter valued at about $866,000.

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.