Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Sets New 1-Year High – Time to Buy?
by Renee Jackson · The Cerbat GemGoldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS – Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as $98.43 and last traded at $98.34, with a volume of 16505 shares changing hands. The stock had previously closed at $97.66.
Goldman Sachs MarketBeta U.S. Equity ETF Price Performance
The business’s fifty day simple moving average is $93.15 and its two-hundred day simple moving average is $93.86. The company has a market cap of $3.00 billion, a PE ratio of 26.28 and a beta of 1.02.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. CWM LLC lifted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 76.7% during the 3rd quarter. CWM LLC now owns 318 shares of the company’s stock valued at $29,000 after buying an additional 138 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 2nd quarter valued at approximately $42,000. SOA Wealth Advisors LLC. purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 3rd quarter valued at approximately $49,000. Oak Harbor Wealth Partners LLC purchased a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 4th quarter valued at approximately $51,000. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock valued at $75,000 after buying an additional 486 shares in the last quarter.
Goldman Sachs MarketBeta U.S. Equity ETF Company Profile
The Goldman Sachs MarketBeta US Equity ETF (GSUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market capitalization. GSUS was launched on May 12, 2020 and is managed by Goldman Sachs.