Goldman Sachs MarketBeta International Equity ETF (BATS:GSID) Reaches New 52-Week High – Here’s Why

Goldman Sachs MarketBeta International Equity ETF (BATS:GSID)’s share price reached a new 52-week high on Monday . The stock traded as high as $66.5778 and last traded at $69.2550, with a volume of 6319 shares changing hands. The stock had previously closed at $66.2753.

Goldman Sachs MarketBeta International Equity ETF Stock Performance

The stock has a market cap of $922.29 million, a P/E ratio of 16.38 and a beta of 0.84. The firm has a 50-day moving average price of $67.61 and a 200-day moving average price of $65.86.

Institutional Trading of Goldman Sachs MarketBeta International Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Elevation Point Wealth Partners LLC bought a new position in shares of Goldman Sachs MarketBeta International Equity ETF in the 3rd quarter worth about $4,008,000. Citadel Advisors LLC purchased a new stake in Goldman Sachs MarketBeta International Equity ETF in the third quarter worth about $439,000. Vestmark Advisory Solutions Inc. bought a new position in shares of Goldman Sachs MarketBeta International Equity ETF during the third quarter valued at approximately $4,241,000. JPMorgan Chase & Co. increased its stake in shares of Goldman Sachs MarketBeta International Equity ETF by 1.0% during the third quarter. JPMorgan Chase & Co. now owns 60,795 shares of the company’s stock valued at $4,047,000 after purchasing an additional 610 shares in the last quarter. Finally, Drive Wealth Management LLC lifted its holdings in shares of Goldman Sachs MarketBeta International Equity ETF by 6.3% during the third quarter. Drive Wealth Management LLC now owns 44,029 shares of the company’s stock valued at $2,931,000 after purchasing an additional 2,626 shares during the last quarter.

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.