Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) Short Interest Update

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (NYSEARCA:GGUS) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 43,966 shares, a growth of 56.6% from the March 15th total of 28,079 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 18,032 shares, the days-to-cover ratio is currently 2.4 days.

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF Price Performance

Shares of GGUS stock opened at $61.26 on Tuesday. The firm’s 50-day moving average is $60.25 and its two-hundred day moving average is $62.45. Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF has a 12 month low of $45.24 and a 12 month high of $66.12. The company has a market capitalization of $416.57 million, a PE ratio of 35.28 and a beta of 1.18.

Hedge Funds Weigh In On Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

A number of institutional investors have recently bought and sold shares of the company. World Investment Advisors purchased a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the fourth quarter worth about $304,000. Cetera Investment Advisers raised its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 4.3% during the fourth quarter. Cetera Investment Advisers now owns 127,446 shares of the company’s stock worth $8,113,000 after purchasing an additional 5,239 shares during the period. Beacon Financial Advisory LLC purchased a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the fourth quarter worth about $340,000. Kestra Advisory Services LLC purchased a new position in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF during the fourth quarter worth about $56,000. Finally, Transamerica Financial Advisors LLC raised its stake in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF by 25.7% during the fourth quarter. Transamerica Financial Advisors LLC now owns 1,441 shares of the company’s stock worth $92,000 after purchasing an additional 295 shares during the period.

About Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with the highest growth characteristics based on Russells style methodology. GGUS was launched on Nov 28, 2023 and is issued by Goldman Sachs.