Goldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK) Short Interest Update
by Scott Moore · The Cerbat GemGoldman Sachs Future Tech Leaders Equity ETF (NYSEARCA:GTEK – Get Free Report) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 4,647 shares, a decline of 19.7% from the November 30th total of 5,785 shares. Based on an average daily volume of 19,958 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 19,958 shares, the short-interest ratio is presently 0.2 days.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in GTEK. Black Swift Group LLC boosted its position in shares of Goldman Sachs Future Tech Leaders Equity ETF by 0.5% during the second quarter. Black Swift Group LLC now owns 137,955 shares of the company’s stock valued at $4,977,000 after buying an additional 635 shares during the period. Glassman Wealth Services lifted its stake in shares of Goldman Sachs Future Tech Leaders Equity ETF by 128.3% during the 2nd quarter. Glassman Wealth Services now owns 1,354 shares of the company’s stock worth $49,000 after acquiring an additional 761 shares during the last quarter. NewEdge Advisors LLC purchased a new position in Goldman Sachs Future Tech Leaders Equity ETF during the 3rd quarter valued at $134,000. Heartwood Wealth Advisors LLC grew its position in Goldman Sachs Future Tech Leaders Equity ETF by 1.0% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 556,879 shares of the company’s stock valued at $21,724,000 after acquiring an additional 5,415 shares during the last quarter. Finally, Private Wealth Partners LLC bought a new stake in shares of Goldman Sachs Future Tech Leaders Equity ETF during the second quarter worth $216,000.
Goldman Sachs Future Tech Leaders Equity ETF Stock Down 0.9%
GTEK stock traded down $0.37 during midday trading on Thursday, hitting $39.96. The company’s stock had a trading volume of 12,140 shares, compared to its average volume of 12,633. Goldman Sachs Future Tech Leaders Equity ETF has a 12 month low of $25.18 and a 12 month high of $41.79. The company has a 50 day moving average of $39.72 and a two-hundred day moving average of $37.92. The firm has a market capitalization of $187.81 million, a price-to-earnings ratio of 31.43 and a beta of 1.27.
About Goldman Sachs Future Tech Leaders Equity ETF
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.