Goldman Sachs Future Tech Leaders Equity ETF (GTEK)

NYSEARCA: GTEK · IEX Real-Time Price · USD
23.92
-1.09 (-4.36%)
May 24, 2022 4:00 PM EDT - Market closed
Assets$277.68M
NAV$24.96
Expense Ratio0.75%
PE Ratio24.13
Shares Out11.13M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend Daten/a
1-Year Return-40.62%
Volume44,499
Open24.29
Previous Close25.01
Day's Range23.68 - 24.29
52-Week Low22.95
52-Week High42.46
Beta-1.92
Holdings65
Inception DateSep 14, 2021

About GTEK

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in equity investments in U.S. and non-U.S. technology companies. The fund adviser seeks to achieve the fund's investment objective by investing in technology companies that the adviser believes are driving technological innovation or benefitting from the enablement of technology, and have the potential to grow their business over many years. The fund is non-diversified.

Asset ClassEquity
RegionGlobal
IssuerGoldman Sachs
Stock ExchangeNYSEARCA
Ticker SymbolGTEK

Top 10 Holdings

26.90% of assets
NameSymbolWeight
ON SemiconductorON3.14%
Palo Alto NetworksPANW2.91%
Marvell TechnologyMRVL2.86%
Tokyo Electron Ltd8035.T2.81%
Cadence Design SystemsCDNS2.76%
Silergy Corp6415.TW2.71%
Kingdee International Software Group Co Ltd268.HK2.53%
Fidelity National Information ServicesFIS2.46%
SBA CommunicationsSBAC2.37%
MediaTek Inc2454.TW2.35%
View More Holdings

News

GTEK Offers Tech Exposure That Isn't Bogged Down By Mega-Caps

The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is up over 3% on Thursday as a week plagued by volatility for the general markets nears a close. GTEK uses an active, bottom-up approach to build ...

4 days ago - ETF Trends

This ETF Offers Exposure to Tech Leaders With Growth Potential

Goldman Sachs offers a lineup of ETFs providing exposure to industry disruption, looking beyond backward-looking benchmarks to identify innovative, attractively-valued companies aligned with durable sec...

1 week ago - ETF Trends

Thematic Investing With Goldman Sachs: Episode 2 – GS Future Tech Leaders Equity ETF (GTEK)

In the Thematic Investing series, Tom Lydon, CEO of ETF Trends and ETF Database, alongside experts and innovators from Goldman Sachs, sheds light on one of the most popular alternative investments, them...

3 months ago - ETF Trends

Disruptive Tech Still Has Gas in the Tank

Exchange traded funds focusing on disruptive technologies are mired in a now-lengthy rough patch, but some market observers believe that now isn't the time to throw in the towel on these assets. The arg...

3 months ago - ETF Trends

More ETF Alternatives To 'ARKK'

While growth names have struggled lately, not all disruptive tech ETFs have sunk as much as 'ARKK.'

Other symbols:LOUP
3 months ago - ETFcom

Put Disruption on Your Side With GTEK

The Federal Reserve hasn't officially raised interest rates, but some investors are already jittery regarding the impact that will have on growth stocks, particularly those that fall into the disruptive...

4 months ago - ETF Trends

If Disruptive Growth Rebounds, This ETF Could Shine in 2022

As advisors and investors well know, last year was a trying time for disruptive growth stocks and the related exchange traded funds, but with the calendar turned to 2022, optimism abounds that this belo...

4 months ago - ETF Trends

Goldman Sachs' GTEK: A Hand-Picked Cutting-Edge Tech Portfolio

Goldman Sachs Future Tech Leaders Equity ETF amassed $260 million in its first three months.

5 months ago - Kiplinger

This Tech ETF Could Be a 2022 Standout

After languishing this year, disruptive growth stocks could regain momentum in 2022, making exchange traded funds like the Goldman Sachs Future Tech Leaders Equity ETF (GTEK) relevant considerations in ...

5 months ago - ETF Trends

New Tech ETF Taps Into Crucial Disruptive Themes

Among the expanding roster of disruptive technology exchange traded funds, the Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is one of the new kids on the block, having debuted in mid-September. T...

5 months ago - ETF Trends

Goldman Sachs Launches 3 Active Thematic ETFs

The funds aim to capitalize on secular growth trends in consumer retail, health care, real estate and infrastructure.

6 months ago - ETFcom

ARKK vs. GTEK: Which Technology ETF Is Better?

Goldman Sachs recently launched an actively managed ETF to combat ARK Invest, but which one is best for your portfolio?

Other symbols:ARKK
7 months ago - The Motley Fool

New ETF at Right Place, Right Time for Accessing Exciting Future Trends

With an array of disruptive megatrends still in their infancies, it's an exciting time to be a growth investor. Fortunately for investors, a growing number of exchange traded funds are up to the task of...

7 months ago - ETF Trends

Cole Feinberg: Time to Think of Innovative Tech as “Sectors 2.0”

The world is changing at a rapid pace, and technology is becoming increasingly woven into the texture of our daily life. Enter the Goldman Sachs Future Tech Leaders Equity ETF (GTEK), which looks to put...

7 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:GINN
7 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:GINNPFIXGSFP
7 months ago - ETF Trends