Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Reaches New 1-Year High – Time to Buy?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) shares reached a new 52-week high on Tuesday . The stock traded as high as $77.42 and last traded at $77.15, with a volume of 2466 shares traded. The stock had previously closed at $76.66.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 16.38 and a beta of 0.84. The business’s 50-day moving average is $75.30 and its 200-day moving average is $73.81.

Institutional Trading of Goldman Sachs MarketBeta International Equity ETF

Several hedge funds have recently modified their holdings of the company. Cetera Investment Advisers bought a new position in Goldman Sachs MarketBeta International Equity ETF in the 1st quarter valued at $7,430,000. Elevation Point Wealth Partners LLC grew its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 67.1% during the first quarter. Elevation Point Wealth Partners LLC now owns 176,787 shares of the company’s stock worth $12,356,000 after purchasing an additional 70,961 shares during the last quarter. Keebeck Wealth Management acquired a new stake in shares of Goldman Sachs MarketBeta International Equity ETF in the first quarter valued at $3,232,000. Jane Street Group LLC raised its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 593.3% in the second quarter. Jane Street Group LLC now owns 40,183 shares of the company’s stock valued at $2,573,000 after buying an additional 34,387 shares during the last quarter. Finally, NewEdge Advisors LLC bought a new position in shares of Goldman Sachs MarketBeta International Equity ETF in the first quarter valued at about $1,591,000.

Goldman Sachs MarketBeta International Equity ETF Company Profile

The Goldman Sachs MarketBeta International Equity ETF (GSID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed markets ex-North American equities, selected and weighted by market capitalization. GSID was launched on May 12, 2020 and is managed by Goldman Sachs.