Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Strong Trading Volume – What’s Next?

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw strong trading volume on Wednesday . 1,016 shares traded hands during mid-day trading, an increase of 298% from the previous session’s volume of 255 shares.The stock last traded at $52.45 and had previously closed at $52.11.

Goldman Sachs MarketBeta US 1000 Equity ETF Price Performance

The company has a 50-day moving average of $52.01 and a 200 day moving average of $50.09. The company has a market cap of $1.88 billion, a PE ratio of 25.43 and a beta of 1.01.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC acquired a new stake in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,000 shares of the company’s stock, valued at approximately $50,000.

Goldman Sachs MarketBeta US 1000 Equity ETF Company Profile

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is an exchange-traded fund that is based on the Solactive GBS United States 1000 index. The fund tracks an index of 1,000 US large-cap companies selected and weighted by market-cap. GUSA was launched on Apr 5, 2022 and is managed by Goldman Sachs.