Goldman Sachs Holdings Increase Amid Strong Earnings Results

Apollon Wealth Management LLC acquired 1,109 additional shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the second quarter, increasing its holdings in the investment management company by 3.4%. The firm now owns 33,571 shares of GS stock worth $33,953,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in GS. WT Wealth Management purchased a new stake in the business worth approximately $3,427,000 during the second quarter. Retireful LLC raised its stake in GS by 5.0% during the same period. Confluence Wealth Services Inc. grew its position in GS by 31.4%, and Lee Financial Co purchased a new position in the company worth about $220,000.

The Goldman Sachs Group has reported robust quarterly earnings results, beating analysts' estimates with EPS of $20.98. The firm's revenue for the quarter was up 39.4% on a year-over-year basis, reaching $20.34 billion. GS has a market capitalization of $302.47 billion and a PEG ratio of 1.05.