Goldman Sachs Future Tech Leaders Equity ETF logo

Goldman Sachs Future Tech Leaders Equity ETF (GTEK)

Market Closed
30 Jul, 19:59
ARCA ARCA
$
52. 74
+2.21
+4.3736%
$
170.2M Market Cap
0.29% Div Yield
21,467 Volume
$ 50.53
Previous Close
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Day Range
51.72 52.88
Year Range
34.56 63.22
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Summary

GTEK closed today higher at $52.74, an increase of 4.3736% from yesterday's close, completing a monthly decrease of -11.2719% or -$6.7. Over the past 12 months, GTEK stock gained 29.646%.
GTEK pays dividends to its shareholders, with the most recent payment made on Jan 02, 2024. The next estimated payment will be in 2 Apr 2024 on Apr 02, 2024 for a total of $0.07132.
The stock of the company had never split.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on ARCA (USD).

GTEK Chart

No Mag 7? No Problem for Active Tech ETF GTEK

No Mag 7? No Problem for Active Tech ETF GTEK

It's one thing to want more tech exposure, but it's another to get that exposure without overweighting the big names. Whether that's the Mag 7 or just the AI hyperscalers, most investors are already saturated with big-name tech exposure.

Etftrends | 2 weeks ago
Active Tech ETF GTEK Delivers Smashing YTD Performance

Active Tech ETF GTEK Delivers Smashing YTD Performance

Tech stocks remain a key space for investors, with the AI revolution driving continued success for AI-adjacent stocks. Investors have benefitted from that growth in recent years, but now that comes with concentration risk.

Etftrends | 1 month ago
GTEK: One Of The Better AI/Tech Fund Offerings

GTEK: One Of The Better AI/Tech Fund Offerings

The Goldman Sachs Future Tech Leaders Equity ETF offers concentrated, actively managed exposure to AI infrastructure and hardware enablers, not just mega-cap tech. GTEK's portfolio targets the top layers of the AI value chain, focusing on semiconductor and hardware integrators like Marvell, MediaTek, and Dell. The fund's high beta (1.82) and Sharpe ratio (1.08) reflect both its volatility and strong risk-adjusted returns, consistent with its focused AI mandate.

Seekingalpha | 1 month ago

Goldman Sachs Future Tech Leaders Equity ETF Investors

Name Quantity Cost Value Profit ($) Gain (%)
PEP
Philip E. Passafiume Protective Life Corp
44 $1,799.6 $2,401.12 $601.52 33.43%
JD
Jim Dushek HARBOUR INVESTMENTS Inc.
1,385 $40,649.72 $75,994.95 $35,345.23 86.95%
Christopher C. Powers
Christopher C. Powers Farther Finance Advisors, LLC
115 $4,596 $6,198.5 $1,602.5 34.87%
Kevin Bresler
Kevin Bresler TD Waterhouse Canada Inc.
174 $4,597.82 $9,503.88 $4,906.06 106.7%
Cynthia Schlanger
Cynthia Schlanger Ashton Thomas Private Wealth, LLC
4,242 $173,498 $222,577.74 $49,079.74 28.29%

Goldman Sachs Future Tech Leaders Equity ETF (GTEK) FAQ

What is the stock price today?

The current price is $52.74.

On which exchange is it traded?

Goldman Sachs Future Tech Leaders Equity ETF is listed on ARCA.

What is its stock symbol?

The ticker symbol is GTEK.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.29%.

What is its market cap?

As of today, the market cap is 170.2M.

Has Goldman Sachs Future Tech Leaders Equity ETF ever had a stock split?

No, there has never been a stock split.

Goldman Sachs Future Tech Leaders Equity ETF Profile

ARCA Exchange
US Country

Overview

The fund is an investment entity focused on allocating its resources primarily into equity investments within the technology sector. By targeting U.S. and non-U.S. technology companies, the fund aims to capitalize on the growth potential of firms that are either at the forefront of technological innovation or are significantly empowered by technological advances. With a strategic approach to invest at least 80% of its net assets, in addition to any borrowing for investment purposes, into such equity investments, the fund commits to a concentrated focus in the technology domain. Although the fund operates with a non-diversified status, it leverages this by aiming for substantial stakes in potentially high-growth companies, guided by its adviser's expertise in identifying companies with long-term growth prospects in technology.

Products and Services

  • Equity Investments in Technology Companies

    The core offering involves equity investments within the technology sector, encompassing a broad spectrum of U.S. and non-U.S. companies. This includes firms at the cutting edge of technological innovation as well as those benefiting significantly from technological advancements. The strategic focus is on entities that demonstrate strong potential for sustained business growth over many years, reflecting the fund's long-term investment horizon.

  • Investment in U.S. and Non-U.S. Tech Companies

    By diversifying its equity investments across both U.S. and international technology companies, the fund not only captures the innovation spearheaded in the United States but also taps into the global tech revolution. This approach magnifies the opportunity for growth by leveraging technological advancements and innovation on a worldwide scale. The aim is to benefit from the international diversification, mitigating risks associated with concentrating investments in a single country or region.

  • Specialized, Non-Diversified Investment Approach

    Although classified as non-diversified, this focused approach enables the fund to make significant investments in select technology firms that exhibit strong potential for growth and innovation. This method allows for potentially higher returns through concentrated investments in key areas of the technology sector, rather than spreading out investments thinly across many sectors. The fund’s adviser plays a crucial role in identifying these high-potential investment opportunities, aiming to achieve the fund’s investment objective of long-term growth.

Contact Information

Address: 200 West Street
Phone: 1-800-621-2550