Raymond James Financial Inc. Invests $1.20 Million in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN)

Raymond James Financial Inc. purchased a new stake in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,470 shares of the company’s stock, valued at approximately $1,198,000. Raymond James Financial Inc. owned 0.31% of Goldman Sachs Innovate Equity ETF as of its most recent SEC filing.

Separately, Highland Financial Advisors LLC grew its stake in Goldman Sachs Innovate Equity ETF by 0.7% in the fourth quarter. Highland Financial Advisors LLC now owns 240,051 shares of the company’s stock valued at $14,774,000 after acquiring an additional 1,683 shares during the period.

Goldman Sachs Innovate Equity ETF Price Performance

NYSEARCA GINN opened at $59.62 on Thursday. Goldman Sachs Innovate Equity ETF has a one year low of $51.72 and a one year high of $66.27. The firm has a market cap of $238.48 million, a P/E ratio of 24.28 and a beta of 1.14. The stock’s 50-day moving average is $62.78 and its 200-day moving average is $62.44.

Goldman Sachs Innovate Equity ETF Profile

The Goldman Sachs Innovate Equity ETF (GINN) is an exchange-traded fund that is based on the Solactive Innovative Global Equity index. The fund selects companies globally, believed to benefit from technological innovation and changes in the economy across five themes: data, finance, human evolution, manufacturing, and shifts with consumers.