Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) Hits New 1-Year Low – Here’s Why

Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) shares reached a new 52-week low during trading on Monday . The stock traded as low as $42.07 and last traded at $43.71, with a volume of 100 shares trading hands. The stock had previously closed at $46.54.

Goldman Sachs MarketBeta US 1000 Equity ETF Stock Up 8.9 %

The company has a market cap of $1.68 billion, a PE ratio of 22.16 and a beta of 1.03. The stock’s 50 day simple moving average is $50.00 and its two-hundred day simple moving average is $50.77.

Goldman Sachs MarketBeta US 1000 Equity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.1458 per share. The ex-dividend date was Tuesday, March 25th. This is an increase from Goldman Sachs MarketBeta US 1000 Equity ETF’s previous dividend of $0.14.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Goldman Sachs MarketBeta US 1000 Equity ETF stock. FMR LLC bought a new stake in shares of Goldman Sachs MarketBeta US 1000 Equity ETF (NYSEARCA:GUSA) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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.