Goldman Sachs Innovate Equity ETF (GINN)

NYSEARCA: GINN · IEX Real-Time Price · USD
40.31
+1.01 (2.57%)
Sep 28, 2022 3:59 PM EDT - Market closed
2.57%
Assets $302.37M
NAV $39.27
Expense Ratio 0.50%
PE Ratio 13.57
Shares Out 7.70M
Dividend (ttm) $0.28
Dividend Yield 0.69%
Ex-Dividend Date Sep 26, 2022
1-Year Return -33.19%
Volume 6,811
Open 39.33
Previous Close 39.30
Day's Range 39.33 - 40.43
52-Week Low 39.03
52-Week High 65.07
Beta 1.01
Holdings 481
Inception Date Nov 6, 2020

About GINN

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its index, in depositary receipts representing securities included in its index and in underlying stocks in respect of depositary receipts included in its index. The index is designed to deliver exposure to companies that may benefit from technological innovation and the resulting changes in the economy across five key themes that are potential drivers of changes in the economy.

Asset Class Equity
Region Global
Issuer Goldman Sachs
Stock Exchange NYSEARCA
Ticker Symbol GINN
Index Tracked Solactive Innovative Global Equity Index(Net total Return, Unhedged, USD)

Top 10 Holdings

15.75% of assets
Name Symbol Weight
Apple AAPL 2.18%
Microsoft MSFT 2.01%
Alphabet GOOGL 2.00%
Amazon.com AMZN 1.96%
Meta Platforms META 1.95%
NVIDIA NVDA 1.54%
Tesla TSLA 1.22%
Alibaba Group Holding BABA 1.13%
Johnson & Johnson JNJ 0.94%
Roche Holding AG ROG.SW 0.82%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 24, 2022 $0.12514 Jun 30, 2022
Mar 25, 2022 $0.08369 Mar 31, 2022
Dec 27, 2021 $0.0675 Dec 31, 2021
Sep 24, 2021 $0.185 Sep 30, 2021
Jun 24, 2021 $0.1045 Jun 30, 2021
Mar 25, 2021 $0.048 Mar 31, 2021
Full Dividend History

News

Is GINN Now in the Bargain Bin?

Harsh treatment of growth stocks this year is trying investors' patience, but the silver lining is that an assortment of stocks that are usually richly valued now look the opposite. Some exchange traded...

2 months ago - ETF Trends

GINN Has Goods for Bear Market Protection

Stocks recently slipped into a bear market as highlighted by a year-to-date decline of 20% for the S&P 500. Some benchmarks are performing significantly worse than that.

2 months ago - ETF Trends

Here's What Can Stabilize Growth Stocks

This year, disruptive growth stocks are being, well, disrupted by a hostile interest rate and recession fears, among other factors. Those near-term headwinds run counter to what remain compelling long-t...

3 months ago - ETF Trends

An ETF With Strong Balance Sheet Stocks, Long-Term Opportunities

In this market environment, investors of all stripes should be prioritizing companies with strong balance sheets. For those with longer time horizons, evaluating some beaten-up names with disruptive gro...

3 months ago - ETF Trends

An ETF With Plenty of Disruptive Tech Vibes

Technology and disruptive growth are investing concepts that market participants aren't particularly fond of at the moment. However, they should be cautious about throwing babies out with the bathwater.

3 months ago - ETF Trends

GINN Increases as Major U.S. Indexes Rally

The Goldman Sachs Innovate Equity ETF (GINN) is up over 3% by mid-afternoon Thursday as all major U.S. indexes rally.  U.S. stock indexes increased in a broad-based rally on Thursday after upbeat annual...

4 months ago - ETF Trends

Disruptive Technology Investing Is Rebounding

Disruptive technology is back in the spotlight, with well-known funds such as the ARK Innovation ETF (ARKK) and the Goldman Sachs Innovate Equity ETF (GINN) raking in double digit returns over the past ...

Other symbols: ARKKDTEC
6 months ago - ETF Trends

GINN Alluring as Tech Outlook Remains Impressive

Investors are understandably jittery about the technology sector's disappointing start to 2022, but it often pays to take a step back and see the forest through the trees. Patient investors can capitali...

7 months ago - ETF Trends

It Could Be Near Time to Revisit Tech Stocks

Value stocks are holding up well to start 2022, while growth and technology fare are presenting investors with more questions than answers. However, some market observers say that there are good deals e...

7 months ago - ETF Trends

This ETF Has Surprising Sustainability Credibility

Sustainability is an increasingly prominent investment. So is investing with the intent of identifying innovative and disruptive companies with attractive growth traits.

8 months ago - ETF Trends

Tech Could Surprise Even as Rates Rise

Citing high inflation and a strong labor market, the Federal Reserve signaled on Wednesday that interest rate increases are coming “soon.” Predictably, that was enough to send stocks lower, though the N...

8 months ago - ETF Trends

GINN Opportunity Knocking After Tech Sell-Off

A combination of markets pricing in slowing economic growth and rising interest rates is pinching growth and technology stocks this month, but for astute investors, the retrenchment could ultimately pro...

8 months ago - ETF Trends

GINN Has Goods for More Big Tech Upside

Apple (NASDAQ:AAPL) recently hit a market capitalization of $3 trillion, stoking some talk of when the iPhone maker will ascend to the $4 trillion club. There's also chatter about when Microsoft (NASDAQ...

8 months ago - ETF Trends

Nibble at Cloud Stocks With This ETF

Cloud computing stocks endured a rough fourth quarter, and the group's start to 2022 is proving to be comparably unpleasant as an array of tech stocks are scuffling early in the new year. However, some ...

8 months ago - ETF Trends

GINN Could Be Grand in 2022

Technology wasn't the best-performing sector in the S&P 500 last year, but the group turned in another impressive showing, and there's no shortage of enthusiasm for tech stocks and the related exchange ...

8 months ago - ETF Trends

Go With GINN as High-Margin Companies Remain Fashionable

Profitability is likely to be a marquee theme in 2022 as investors eschew junkier equities in favor of quality fare. An extension of that theme is embracing high-margin firms.

9 months ago - ETF Trends

GINN Has the Goods for an Eventful 2022

With 2022 right around the corner, plenty of market observers and pundits are opining on what the new year will bring for equities. High up on the laundry list of concerns are inflation and bubble specu...

9 months ago - ETF Trends

If Growth Slows, Lean Into This Growth ETF

The recent emergence of the Omicron variant of the coronavirus is sparking fears that global economic growth could slow — something that many economists are forecasting is likely to happen in 2022 regar...

9 months ago - ETF Trends

Tech Still Tempting for All the Right Reasons

There's still a lot to like with the technology sector, and the even better news is that those points of allure are rooted in sound fundamentals. That's good news for exchange traded funds like the Gold...

10 months ago - ETF Trends

Some Popular Tech Stocks Aren't as Pricey as Investors Think

For all the chatter earlier this year about rising 10-year Treasuries weighing on growth stocks, the group is poised for another impressive annual showing. Not surprisingly, the same goes for the techno...

10 months ago - ETF Trends

Worried About Slowing Growth? This ETF Offers Protection

Whether it's slower earnings growth or a natural retreat from the massive economic growth fueled by stimulus cash and pent-up demand, many investors are pondering the impact of a slower growth environme...

10 months ago - ETF Trends

GINN Offers Growth and Safety

All that talk about growth stocks disappointing this year is proving inaccurate as the S&P 500 Growth Index is up about 23.1% year-to-date. The Goldman Sachs Innovate Equity ETF (GINN) is among the exch...

11 months ago - ETF Trends

How Not to Fret Tech/Treasury Yield Relationship

Market participants frequently evaluate relationships between interest rates and other assets. For example, it's widely believed that financial services stocks are positively correlated to rising 10-yea...

Other symbols: GTEK
11 months ago - ETF Trends

Tech Stocks Aren't Cheap, but This ETF Is Still Fashionable

Technology stocks are rarely inexpensive. That's simply the price of admission for investors looking to access a sector chock full of quality companies and disruptive innovators.

11 months ago - ETF Trends

ETF Prime: Dave Nadig On Taxes, Twitter, and More

On this week's episode of ETF Prime, host Nate Geraci speaks with ETF Trends' CIO and Director of Research, Dave Nadig, who discusses Senator Wyden's most recent tax proposal and fields questions from T...

Other symbols: PFIXGSFPGTEK
11 months ago - ETF Trends