Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUS) Sets New 52-Week High – Still a Buy?

Goldman Sachs MarketBeta U.S. Equity ETF (BATS:GSUSGet Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $102.11 and last traded at $101.87, with a volume of 29323 shares trading hands. The stock had previously closed at $101.70.

Goldman Sachs MarketBeta U.S. Equity ETF Stock Performance

The stock has a fifty day simple moving average of $94.21 and a two-hundred day simple moving average of $94.40. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 26.28 and a beta of 1.02.

Institutional Trading of Goldman Sachs MarketBeta U.S. Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. CWM LLC grew its position in Goldman Sachs MarketBeta U.S. Equity ETF by 76.7% in the third quarter. CWM LLC now owns 318 shares of the company’s stock valued at $29,000 after acquiring an additional 138 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the second quarter worth about $42,000. Oak Harbor Wealth Partners LLC acquired a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF in the 4th quarter valued at approximately $51,000. O Shaughnessy Asset Management LLC boosted its stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF by 156.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 796 shares of the company’s stock valued at $75,000 after purchasing an additional 486 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in shares of Goldman Sachs MarketBeta U.S. Equity ETF during the 1st quarter valued at approximately $120,000.

Goldman Sachs MarketBeta U.S. Equity ETF Company Profile

(Get Free Report)

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.

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