Goldman Sachs Future Consumer Equity ETF (NYSEARCA:GBUY) Shares Acquired by Brown Financial Advisors

Brown Financial Advisors grew its stake in Goldman Sachs Future Consumer Equity ETF (NYSEARCA:GBUY) by 5.6% in the third quarter, Holdings Channel.com reports. The firm owned 92,362 shares of the company’s stock after acquiring an additional 4,930 shares during the quarter. Goldman Sachs Future Consumer Equity ETF makes up approximately 1.3% of Brown Financial Advisors’ investment portfolio, making the stock its 23rd biggest position. Brown Financial Advisors owned approximately 0.05% of Goldman Sachs Future Consumer Equity ETF worth $3,229,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Triad Wealth Partners LLC acquired a new position in Goldman Sachs Future Consumer Equity ETF during the second quarter worth $67,000. Flow Traders U.S. LLC purchased a new position in shares of Goldman Sachs Future Consumer Equity ETF during the 3rd quarter worth $224,000. Jane Street Group LLC acquired a new position in shares of Goldman Sachs Future Consumer Equity ETF during the 3rd quarter valued at about $827,000. Paladin Wealth LLC acquired a new position in shares of Goldman Sachs Future Consumer Equity ETF during the 3rd quarter valued at about $1,301,000. Finally, Mattson Financial Services LLC purchased a new stake in shares of Goldman Sachs Future Consumer Equity ETF in the second quarter valued at about $1,637,000.

Goldman Sachs Future Consumer Equity ETF Price Performance

Shares of GBUY stock opened at $36.87 on Tuesday. The company has a market capitalization of $66.37 million, a PE ratio of 34.26 and a beta of 1.21. The firm’s 50-day moving average is $35.39 and its two-hundred day moving average is $33.83. Goldman Sachs Future Consumer Equity ETF has a 12 month low of $26.40 and a 12 month high of $37.23.

Goldman Sachs Future Consumer Equity ETF Profile

The Goldman Sachs Future Consumer Equity ETF (GBUY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed to invest in global stocks associated with priorities and spending habits of younger consumers. GBUY was launched on Nov 9, 2021 and is managed by Goldman Sachs.