Goldman Sachs Future Consumer Equity ETF (NYSEARCA:GBUY) Holdings Cut by Brown Financial Advisors

Brown Financial Advisors lowered its stake in shares of Goldman Sachs Future Consumer Equity ETF (NYSEARCA:GBUY) by 65.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,838 shares of the company’s stock after selling 60,524 shares during the period. Brown Financial Advisors owned about 1.77% of Goldman Sachs Future Consumer Equity ETF worth $1,120,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Tidal Investments LLC acquired a new stake in Goldman Sachs Future Consumer Equity ETF during the third quarter valued at $207,000. Jane Street Group LLC purchased a new stake in shares of Goldman Sachs Future Consumer Equity ETF during the 3rd quarter worth about $827,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Goldman Sachs Future Consumer Equity ETF during the 3rd quarter worth about $224,000.

Goldman Sachs Future Consumer Equity ETF Stock Performance

Shares of NYSEARCA GBUY opened at $35.95 on Tuesday. The business has a 50 day simple moving average of $35.96 and a 200 day simple moving average of $35.07. Goldman Sachs Future Consumer Equity ETF has a 52 week low of $29.92 and a 52 week high of $37.23. The stock has a market cap of $64.71 million, a price-to-earnings ratio of 34.26 and a beta of 1.21.

Goldman Sachs Future Consumer Equity ETF Company 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.