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

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) shares saw unusually-strong trading volume on Wednesday . Approximately 1,556 shares were traded during trading, an increase of 259% from the previous session’s volume of 433 shares.The stock last traded at $49.98 and had previously closed at $50.51.

Goldman Sachs MarketBeta US 1000 Equity ETF Price Performance

The stock’s fifty day moving average price is $51.93 and its 200-day moving average price is $50.84. The firm has a market cap of $1.80 billion, a PE ratio of 25.81 and a beta of 1.03.

Institutional Investors Weigh In On Goldman Sachs MarketBeta US 1000 Equity ETF

A hedge fund recently bought a new stake 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 the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $50,000.

About Goldman Sachs MarketBeta US 1000 Equity ETF

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.