Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Sees Strong Trading Volume – Here’s Why

Shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) saw an uptick in trading volume on Tuesday . 1,860 shares were traded during trading, an increase of 410% from the previous session’s volume of 365 shares.The stock last traded at $53.14 and had previously closed at $53.04.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Down 0.5 %

The company has a 50 day moving average of $52.04 and a 200-day moving average of $50.48. The stock has a market capitalization of $1.91 billion, a P/E ratio of 25.43 and a beta of 1.01.

Hedge Funds Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

An institutional investor recently bought a new position in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 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.