Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Trading Down 1.5% – Should You Sell?

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) dropped 1.5% during mid-day trading on Monday . The stock traded as low as $53.76 and last traded at $53.76. Approximately 1,038 shares changed hands during trading, The stock had previously closed at $54.57.

Goldman Sachs MarketBeta International Equity ETF Price Performance

The stock has a market capitalization of $758.96 million, a P/E ratio of 14.86 and a beta of 0.84. The stock has a 50 day moving average price of $55.24 and a 200-day moving average price of $56.63.

Goldman Sachs MarketBeta International Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 23rd were paid a $0.2906 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Goldman Sachs MarketBeta International Equity ETF

A number of institutional investors have recently made changes to their positions in GSID. Sanctuary Advisors LLC purchased a new position in shares of Goldman Sachs MarketBeta International Equity ETF in the second quarter worth $301,000. Drive Wealth Management LLC grew its holdings in Goldman Sachs MarketBeta International Equity ETF by 1.3% in the 3rd quarter. Drive Wealth Management LLC now owns 42,801 shares of the company’s stock worth $2,540,000 after acquiring an additional 546 shares during the last quarter. Townsquare Capital LLC purchased a new position in shares of Goldman Sachs MarketBeta International Equity ETF in the third quarter valued at about $2,540,000. Flow Traders U.S. LLC raised its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 63.7% during the third quarter. Flow Traders U.S. LLC now owns 97,022 shares of the company’s stock valued at $5,758,000 after acquiring an additional 37,745 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 174.0% during the third quarter. Jane Street Group LLC now owns 63,664 shares of the company’s stock worth $3,778,000 after purchasing an additional 40,429 shares during the period.

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.