Captrust Financial Advisors Has $252,000 Stock Position in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN)

Captrust Financial Advisors reduced its stake in Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) by 40.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,124 shares of the company’s stock after selling 2,824 shares during the quarter. Captrust Financial Advisors’ holdings in Goldman Sachs Innovate Equity ETF were worth $252,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GINN. New England Private Wealth Advisors LLC bought a new stake in Goldman Sachs Innovate Equity ETF in the second quarter worth approximately $380,000. Watts Gwilliam & Co. LLC bought a new stake in Goldman Sachs Innovate Equity ETF in the third quarter worth approximately $777,000. Finally, Highland Financial Advisors LLC increased its holdings in Goldman Sachs Innovate Equity ETF by 7.2% in the third quarter. Highland Financial Advisors LLC now owns 238,368 shares of the company’s stock worth $14,548,000 after purchasing an additional 15,954 shares in the last quarter.

Goldman Sachs Innovate Equity ETF Stock Performance

Shares of GINN stock opened at $64.59 on Monday. The company has a market cap of $406.92 million, a P/E ratio of 26.00 and a beta of 1.25. The stock has a 50 day simple moving average of $62.67 and a two-hundred day simple moving average of $59.43. Goldman Sachs Innovate Equity ETF has a fifty-two week low of $50.30 and a fifty-two week high of $65.80.

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.