Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) Trading 0.1% Higher – Here’s What Happened

Goldman Sachs Innovate Equity ETF (NYSEARCA:GINN) was up 0.1% on Wednesday . The stock traded as high as $64.16 and last traded at $63.90. Approximately 3,431 shares traded hands during trading, a decline of 79% from the average daily volume of 16,197 shares. The stock had previously closed at $63.84.

Goldman Sachs Innovate Equity ETF Stock Up 0.1 %

The firm has a market cap of $402.60 million, a P/E ratio of 26.00 and a beta of 1.25. The company has a fifty day simple moving average of $61.64 and a 200-day simple moving average of $58.71.

Institutional Investors Weigh In On Goldman Sachs Innovate Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Highland Financial Advisors LLC boosted its position in shares of Goldman Sachs Innovate Equity ETF by 7.2% during the third quarter. Highland Financial Advisors LLC now owns 238,368 shares of the company’s stock worth $14,548,000 after acquiring an additional 15,954 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of Goldman Sachs Innovate Equity ETF during the 3rd quarter valued at about $1,767,000. Watts Gwilliam & Co. LLC purchased a new position in shares of Goldman Sachs Innovate Equity ETF during the third quarter valued at about $777,000. Finally, New England Private Wealth Advisors LLC bought a new stake in shares of Goldman Sachs Innovate Equity ETF in the second quarter worth about $380,000.

About Goldman Sachs Innovate Equity ETF

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.